Manufacturing in bonded warehouses requires prior permission and compliance with digital accounts, bonds and input output norms. These regulations establish a framework for manufacture and other operations in warehouses under section 65, replacing the 1966 rules. Eligibility is limited to holders of private warehouse licences under section 58 and applicants seeking such licences with manufacturing permission. Permission is granted by the Principal Commissioner or Commissioner after verification and subject to undertakings to maintain digital accounts of receipt and removal of goods with monthly submission, execute a specified bond, and disclose and update input output norms. The proper officer may audit units and contraventions attract penalties under the Act.
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Manufacturing in bonded warehouses requires prior permission and compliance with digital accounts, bonds and input output norms.
These regulations establish a framework for manufacture and other operations in warehouses under section 65, replacing the 1966 rules. Eligibility is limited to holders of private warehouse licences under section 58 and applicants seeking such licences with manufacturing permission. Permission is granted by the Principal Commissioner or Commissioner after verification and subject to undertakings to maintain digital accounts of receipt and removal of goods with monthly submission, execute a specified bond, and disclose and update input output norms. The proper officer may audit units and contraventions attract penalties under the Act.
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