https://www.taxtmi.com/article/detailed?id=6844 A licensing regime authorises the Principal Commissioner or Commissioner of Customs to grant licences for public, private and special warehouses on application, subject to eligibility (citizenship or incorporation), solvency certification, undertakings, inspection, and conditions including all-risk insurance in favour of the President of India, indemnities, payment undertakings for duties and penalties, and appointment of an experienced warehouse keeper; licences remain valid until cancelled, are non-transferrable for public and special warehouses, and pre-existing warehouses may regularise under transitional terms. en-us Fri, 03 Jun 2016 10:53:51 +0530 Fri, 03 Jun 2016 10:53:51 +0530 TaxTMI RSS Generator https://www.taxtmi.com/article/detailed?id=6844 A licensing regime authorises the Principal Commissioner or Commissioner of Customs to grant licences for public, private and special warehouses on application, subject to eligibility (citizenship or incorporation), solvency certification, undertakings, inspection, and conditions including all-risk insurance in favour of the President of India, indemnities, payment undertakings for duties and penalties, and appointment of an experienced warehouse keeper; licences remain valid until cancelled, are non-transferrable for public and special warehouses, and pre-existing warehouses may regularise under transitional terms. Articles Customs - Import - Export - SEZ Fri, 03 Jun 2016 10:53:51 +0530 https://www.taxtmi.com/article/detailed?id=6844