Customs Bonded Warehouse Processes Go Digital: Online Licensing, Transfers, and Returns Simplified for Users.

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Full Text of the Document

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....The notice outlines the digitization of Customs Bonded Warehouse procedures relating to obtaining Warehouse License, Bond to Bond Movement of warehoused goods, and uploading of Monthly Returns. It enables online filing of applications for Warehouse License, submission and processing of requests for transfer of warehoused goods to another person/warehouse, and uploading Monthly Returns. The process flows for different scenarios of transfer of warehoused goods, such as change in ownership without change in warehouse, change in warehouse with no change in ownership, and change in warehouse and ownership, are detailed. The notice also highlights the requirement of furnishing security and triple duty bond, validation of bond details, and intimation to officers at the Port of Import. User Manuals are provided for guidance, and grievance redressal mechanisms are specified.....