https://www.taxtmi.com/acts?id=21447 Licensing requires applicants to be Indian citizens or registered entities, propose storage of goods notified under the relevant provision, furnish a solvency certificate (except government undertakings), submit an undertaking to comply with licence terms, and agree to pay supervision costs; the Principal Commissioner or Commissioner of Customs may refuse a licence for insolvency, conviction or penalisation, unsoundness of mind, pending bankruptcy or criminal proceedings, or if the proposed site is unsuitable for secured storage or customs supervision. en-us Wed, 18 May 2016 12:37:19 +0530 Wed, 18 May 2016 12:37:19 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=21447 Licensing requires applicants to be Indian citizens or registered entities, propose storage of goods notified under the relevant provision, furnish a solvency certificate (except government undertakings), submit an undertaking to comply with licence terms, and agree to pay supervision costs; the Principal Commissioner or Commissioner of Customs may refuse a licence for insolvency, conviction or penalisation, unsoundness of mind, pending bankruptcy or criminal proceedings, or if the proposed site is unsuitable for secured storage or customs supervision. Act-Rules Customs Wed, 18 May 2016 12:37:19 +0530 https://www.taxtmi.com/acts?id=21447