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<h1>Public warehouse licensing requires eligibility, a compliance undertaking, and a bank solvency certificate with specified exemptions.</h1> The Principal Commissioner or Commissioner may license public warehouses for deposit of dutiable goods subject to prescribed conditions. Applicants must be Indian citizens or duly incorporated/registered entities, submit an undertaking to comply with prescribed terms, and furnish a solvency certificate from a scheduled bank, with an exemption from the solvency requirement for government undertakings and notified major ports.