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Warehouse recordkeeping now requires digital records with audit trails, monthly Form A/Form B returns, acknowledgements, and authorised signatories. Licensees must maintain digital records of receipt, handling, storage and removal of warehoused goods in prescribed Form A with an audit trail, update records immediately upon transactions, and make them available for verification. Monthly paper returns in Form A are to be filed with the Bond Officer within ten days after month end; where section 61 warehousing periods expire, information must be filed by the 10th day of the preceding month in Form B. Acknowledgements on receipt, appointment of authorised signatories with specimen signatures, and basic IT/office facilities at the warehouse are mandated.
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Warehouse recordkeeping now requires digital records with audit trails, monthly Form A/Form B returns, acknowledgements, and authorised signatories.
Licensees must maintain digital records of receipt, handling, storage and removal of warehoused goods in prescribed Form A with an audit trail, update records immediately upon transactions, and make them available for verification. Monthly paper returns in Form A are to be filed with the Bond Officer within ten days after month end; where section 61 warehousing periods expire, information must be filed by the 10th day of the preceding month in Form B. Acknowledgements on receipt, appointment of authorised signatories with specimen signatures, and basic IT/office facilities at the warehouse are mandated.
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