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Warehouse (Custody and Handling of Goods) Regulations 2016

Customs - 68/2016 - Dated:- 14-5-2016 - GOVERNMENT OF INDIA MINISTRY OF FINANCE DEPARTMENT OF REVENUE (CENTRAL BOARD OF EXCISE AND CUSTOMS) Notification No. 68/2016- Customs (N.T.) New Delhi, the 14th May, 2016 G.S.R 515 (E).- In exercise of the powers conferred by section 157 read with section 57, section 58 and sub-section (2) of Section 73A of the Customs Act, 1962 (52 of 1962), the Central Board of Excise and Customs hereby makes the following regulations, namely:- 1. Short title and commenc .....

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2000 (21 of 2000); (d) section means section of the Act. (2) The words and expressions used herein and not defined in these regulations but defined in the Act shall have the same meanings respectively as assigned to them in the Act. 3. Appointment of warehouse keeper. - (1) A licensee shall appoint a warehouse keeper who has sufficient experience in warehousing operations and customs procedures to discharge functions on his behalf. (2) The warehouse keeper shall obtain a digital signature from .....

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onstruction; (ii) secure locks on doors and windows; and (iii) signage that prominently indicates that the site or building is a customs bonded warehouse. (b) adequate personnel, equipment and space for the examination of goods by officers of customs; and (c) a computerised system for accounting of receipt, storage, operations and removal of goods. 5. Receipt of goods from customs station. - (1) Upon receipt of goods at a warehouse from a customs station, the licensee shall - (a) verify the one- .....

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the goods within twenty four hours to the bond officer; (e) endorse the bill of entry for warehousing bearing the order referred to in subsection (1) of section 60, with the quantity of goods received and retain a copy thereof; (f) acknowledge the receipt of the goods by endorsing the transportation document presented by the carrier of the goods and retain a copy thereof; and (g) take into record the goods received. (2) Upon taking into record the goods received in the warehouse, the licensee sh .....

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of goods from a warehouse bearing the orders of the bond officer, the licensee shall,- (a) allow removal of the goods and their loading onto the means of transport; (b) affix a one-time-lock to the means of transport; (c) endorse the number of the one-time-lock on the Form for transfer of goods from a warehouse and retain a copy thereof; (d) endorse the number of the one-time-lock on the transport document and retain a copy thereof; (e) take into record the removal of the goods; and (f) cause t .....

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by reconciling with the Form for transfer of goods from a warehouse bearing the orders of the bond officer; (d) report any discrepancy in the quantity of goods to the bond officer within twenty four hours; (e) endorse the Form for transfer of goods from a warehouse with quantity received and retain a copy thereof; (f) acknowledge the receipt of the goods by endorsing the transportation document presented by the carrier of the goods and retain a copy thereof; (g) take into record the goods recei .....

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rmit removal of the goods and the licensee shall, - (a) deliver the quantity of goods as mentioned in the bill of entry for home consumption to the owner of the goods and retain a copy of the bill of entry; and (b) take into record the goods removed. 9. Removal of warehoused goods for export. - (1) A licensee shall not remove or cause to be removed any warehoused goods for export except by an order made by the proper officer under section 69. (2) Upon the bond officer permitting the removal of t .....

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ds. - (1) A licensee shall, - (a) maintain detailed records of the receipt, handling, storing, and removal of any goods into or from the warehouse, as the case may be, and produce the same to the bond officer, as and when required; (b) keep a record of each activity, operation or action taken in relation to the warehoused goods; (c) keep a record of drawal of samples from the warehoused goods under the Act or any other law for the time being in force; and (d) keep copies of the bills of entry, t .....

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