https://www.taxtmi.com/circulars?id=878 Custodians must provide secure, expandable premises and essential amenities, insure goods, arrange approved security, bear costs for Customs staff, and execute bonds supported by bank guarantees or equivalent to cover goods' value and duty exposure; they are liable for loss, pilferage and transshipment losses, must obtain Commissioner concurrence for structural alterations and subletting, and appointments are for a fixed initial term subject to review and termination by the Commissioner. en-us Thu, 14 Dec 1995 00:00:00 +0530 Thu, 17 Jul 2025 14:56:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/circulars?id=878 Custodians must provide secure, expandable premises and essential amenities, insure goods, arrange approved security, bear costs for Customs staff, and execute bonds supported by bank guarantees or equivalent to cover goods' value and duty exposure; they are liable for loss, pilferage and transshipment losses, must obtain Commissioner concurrence for structural alterations and subletting, and appointments are for a fixed initial term subject to review and termination by the Commissioner. Circulars Customs Thu, 14 Dec 1995 00:00:00 +0530 https://www.taxtmi.com/circulars?id=878