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of <h1>Customs department liberalizes bonded warehouse procedures allowing private operators as public warehouse custodians and decentralized licensing</h1> The customs department liberalized procedures for public and private bonded warehouses, departing from the previous policy of appointing only Central and State Warehousing Corporations as public warehouse custodians. Private operators can now be appointed as custodians for public bonded warehouses, subject to careful scrutiny of their financial viability, credibility, compliance record, and operational requirements. For private bonded warehouses, licensing authority was decentralized to Commissioners without Board reference, removing restrictions on goods types that can be warehoused. Previously limited to specialized storage goods, licenses can now be granted for any goods category, including relaxation of inland area restrictions for industrial materials.
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