https://www.taxtmi.com/article/detailed?id=5469 Section 2(43) defines warehouse as public or private bonded premises appointed or licensed under sections 57 and 58. Warehouses operate only at declared warehousing stations; appointment or licensing requires assessment of financial viability, compliance history, premises suitability, security, accessibility to Customs, and adequate insurance. Importers must file info bond bill of entry, obtain duty assessment and execute a warehousing bond (or approved general bond) for bonding; bonds persist on transfer unless superseded. Sensitive goods attract enhanced solvency and guarantee requirements, while non sensitive goods face lower solvency thresholds with supervisory discretion to demand bank guarantees. en-us Thu, 06 Feb 2014 06:52:05 +0530 Thu, 06 Feb 2014 06:52:05 +0530 TaxTMI RSS Generator https://www.taxtmi.com/article/detailed?id=5469 Section 2(43) defines warehouse as public or private bonded premises appointed or licensed under sections 57 and 58. Warehouses operate only at declared warehousing stations; appointment or licensing requires assessment of financial viability, compliance history, premises suitability, security, accessibility to Customs, and adequate insurance. Importers must file info bond bill of entry, obtain duty assessment and execute a warehousing bond (or approved general bond) for bonding; bonds persist on transfer unless superseded. Sensitive goods attract enhanced solvency and guarantee requirements, while non sensitive goods face lower solvency thresholds with supervisory discretion to demand bank guarantees. Articles Customs - Import - Export - SEZ Thu, 06 Feb 2014 06:52:05 +0530 https://www.taxtmi.com/article/detailed?id=5469