https://www.taxtmi.com/notifications?id=119251 Regulations create licensing requirements for private warehouses storing dutiable imported goods: applicants must meet eligibility criteria, furnish undertakings and a solvency certificate (except government undertakings), and may be refused where insolvency, conviction, unsound mind, pending proceedings, or unsuitable premises exist. Before grant, an all-risk insurance policy in favour of the President of India, undertakings to pay duties and indemnify customs, and appointment of an experienced warehouse keeper are required. Licences are non-transferable, valid until cancelled, and surrender is permitted subject to clearance of dues and absence of warehoused goods or pending proceedings. en-us Sat, 14 May 2016 00:00:00 +0530 Tue, 17 May 2016 10:49:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/notifications?id=119251 Regulations create licensing requirements for private warehouses storing dutiable imported goods: applicants must meet eligibility criteria, furnish undertakings and a solvency certificate (except government undertakings), and may be refused where insolvency, conviction, unsound mind, pending proceedings, or unsuitable premises exist. Before grant, an all-risk insurance policy in favour of the President of India, undertakings to pay duties and indemnify customs, and appointment of an experienced warehouse keeper are required. Licences are non-transferable, valid until cancelled, and surrender is permitted subject to clearance of dues and absence of warehoused goods or pending proceedings. Notifications Customs Sat, 14 May 2016 00:00:00 +0530 https://www.taxtmi.com/notifications?id=119251