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          Manufacture and Other Operations in Special Warehouse (section 58A warehouse)

          Warehousing

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          Special warehouse manufacturing rules require prescribed licences, bonds and bank guarantees to permit bonded manufacture and transfers. Licensing and operation of manufacture in a special warehouse require submission of prescribed application forms, execution of bonds in specified formats that meet both special warehouse and general warehousing security requirements, maintenance of accounts and records in prescribed formats, appointment of warehouse keeper, specified facility and strong room standards, and furnishing of bank guarantee equivalent to duty on warehoused goods; Circulars further set out procedures for receipt, storage, transfer, removal and audit and clarify job work and procurement from free trade warehousing zones.
                            Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
                              Provisions expressly mentioned in the judgment/order text.

                                  Special warehouse manufacturing rules require prescribed licences, bonds and bank guarantees to permit bonded manufacture and transfers.

                                  Licensing and operation of manufacture in a special warehouse require submission of prescribed application forms, execution of bonds in specified formats that meet both special warehouse and general warehousing security requirements, maintenance of accounts and records in prescribed formats, appointment of warehouse keeper, specified facility and strong room standards, and furnishing of bank guarantee equivalent to duty on warehoused goods; Circulars further set out procedures for receipt, storage, transfer, removal and audit and clarify job work and procurement from free trade warehousing zones.





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                                  ActsIncome Tax
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