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of <h1>Customs orders strict warehouse rules: declare shelf life, shorter storage for under one year, bank guarantees, timely extensions</h1> A customs office warns stakeholders that improper warehousing practices-expired or unclosed warehousing bonds, bond-to-bond transfers without required bank guarantees, late extension requests, unpaid duties on Ex-Bond bills, undeclared shelf life leading to spoiled goods, and failure to submit closure documents-are harming revenue. It mandates declaration of shelf life at bonding, shorter permitted warehousing where remaining shelf life is under one year, timely in-period extension requests, bank guarantees for bond-to-bond sales during extensions, immediate discharge or cancellation of Ex-Bond BEs, and submission of clearance evidence to close bonds before new bonds are accepted. Noncompliance will attract statutory enforcement and the notice is effective immediately.
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