https://www.taxtmi.com/circulars?id=54588 Prescribes a mandatory application form for new bonded warehouse licences under the 2016 Warehouse Licensing Regulations capturing applicant identity, site particulars, security and fire protection, IT inventory controls, intended goods, solvency certificate and statutory declarations. Bond officers must inspect and report within an initial period and the Principal Commissioner/Commissioner must decide within a further period so that overall processing meets the prescribed timeline. Centralized post verification through DRI (HQ) and DGCEI (HQ) is directed to avoid cross jurisdictional delays. Licences remain valid until surrender or cancellation, with annual submission of insurance and solvency documents required. en-us Thu, 09 Jun 2016 00:00:00 +0530 Fri, 10 Jun 2016 10:10:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/circulars?id=54588 Prescribes a mandatory application form for new bonded warehouse licences under the 2016 Warehouse Licensing Regulations capturing applicant identity, site particulars, security and fire protection, IT inventory controls, intended goods, solvency certificate and statutory declarations. Bond officers must inspect and report within an initial period and the Principal Commissioner/Commissioner must decide within a further period so that overall processing meets the prescribed timeline. Centralized post verification through DRI (HQ) and DGCEI (HQ) is directed to avoid cross jurisdictional delays. Licences remain valid until surrender or cancellation, with annual submission of insurance and solvency documents required. Circulars Customs Thu, 09 Jun 2016 00:00:00 +0530 https://www.taxtmi.com/circulars?id=54588