https://www.taxtmi.com/acts?id=21469 Regulation 4 requires, post inspection and compliance evaluation, that an applicant obtain an all risk insurance policy in favour of the President of India for an amount equivalent to the duty on stored dutiable goods, furnish an undertaking to pay duties, interest, fines and penalties under the statutory and warehouse regulations, indemnify the customs authority against liability for loss to warehoused goods from accidents or other unnatural causes during handling, and appoint an experienced warehouse keeper. en-us Wed, 18 May 2016 13:04:50 +0530 Wed, 18 May 2016 13:04:50 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=21469 Regulation 4 requires, post inspection and compliance evaluation, that an applicant obtain an all risk insurance policy in favour of the President of India for an amount equivalent to the duty on stored dutiable goods, furnish an undertaking to pay duties, interest, fines and penalties under the statutory and warehouse regulations, indemnify the customs authority against liability for loss to warehoused goods from accidents or other unnatural causes during handling, and appoint an experienced warehouse keeper. Act-Rules Customs Wed, 18 May 2016 13:04:50 +0530 https://www.taxtmi.com/acts?id=21469