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of <h1>New Circular: Streamlined Warehouse License Application Process, Standardized Form, 30-Day Review, No Annual Renewals under 2016 Regulations.</h1> The circular outlines the application process for obtaining a warehouse license under the Public, Private, and Special Warehousing Licensing Regulations, 2016. It introduces a standardized application form to ensure transparency and comprehensive assessment of applicants. The form serves as a checklist for evaluating security features and is available online. The process mandates a 30-day timeline for application review, with specific roles for the Bond officer and Licensing Authority. The circular also addresses the need for a centralized verification system to expedite processing and states that licenses will remain valid until surrendered or canceled, eliminating the need for annual renewals.
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