https://www.taxtmi.com/circulars?id=55638 Amendments to Chapter IX and regulations notified on 14 May 2016 create licensing regimes for public, private and special warehouses, replace prior removal regulations, prescribe new warehousing bonds, and shift certain movement controls from physical escort to serially numbered one-time-locks. Transitional provisions permit migration to record-based controls; special warehouses must be licensed to store specified notified goods and remain under customs lock. Licensee responsibilities include record-keeping, computerisation and recording of regulatory samples, with procedures for clearance, removal and consequences of licence suspension or cancellation. en-us Sat, 14 May 2016 00:00:00 +0530 Mon, 23 Jan 2017 18:11:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/circulars?id=55638 Amendments to Chapter IX and regulations notified on 14 May 2016 create licensing regimes for public, private and special warehouses, replace prior removal regulations, prescribe new warehousing bonds, and shift certain movement controls from physical escort to serially numbered one-time-locks. Transitional provisions permit migration to record-based controls; special warehouses must be licensed to store specified notified goods and remain under customs lock. Licensee responsibilities include record-keeping, computerisation and recording of regulatory samples, with procedures for clearance, removal and consequences of licence suspension or cancellation. Circulars Customs Sat, 14 May 2016 00:00:00 +0530 https://www.taxtmi.com/circulars?id=55638