Guidelines for appointment of Public/Licensing of Private Bond Ware House under section 57/58 of the Customs Act, 1962(Chapter IX) — Reg.

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....nsing of Private Bond Ware House under section 57/58 of the Customs Act, 1962(Chapter IX) - Reg. In order to adopt a uniform procedure in connection with the grant of/renewal of public/private bonded warehouses appointment/licences the following guidelines are prescribed for the convenience of the trade. The applications (in duplicate) for the grant of renewal of public/private bonded warehouses....

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.... of operation. 7. Title deed or lease agreement for the proposed site. 8. General Bond (Custodian Bond) for double the amount of duty on the maximum quantity of goods proposed to be stored in the ware house. 9. Solvency certificate from a scheduled bank for Rupees Ten lakhs (in the case of non sensitive goods) or Rupees Fifty lakhs (in the case of sensitive goods) 10. Surety Bond for the G....

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....Z/STPI 3. LUT executed with SEZ/STPI 4. B-17 bond for 25% of duty involved (in lieu of bond and indicated against SI. No. 8 & 12) 5. Bank Guarantee or FDR's for 5% of the value covered by the B-17 bond. 6. List of proposed plant, machinery & capital goods attested by SEZ/STPI 7. Process of manufacture 8. IEC Certificate. As regards the services rendered by the Bond Officer at the ....