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Licensing of public warehouse

Regulation 3 - Regulation - Customs - Regulation 3 - 3. .- (1) Upon an application being made to license a public warehouse, the Principal Commissioner of Customs or Commissioner of Customs, as the case may be, may issue a licence to an applicant who .....

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mmissioner of Customs, as the case may be; (c) furnishes a solvency certificate from a scheduled bank for a sum of two crore rupees: Provided that the condition of furnishing a solvency certificate shall not be applicable to an undertaking of the Cen .....

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applicant if, - (a) he has been declared an insolvent or bankrupt by a Court or Tribunal; (b) he has been convicted for an offence under any law for the time being in force; (c) he has been penalised for an offence under the Act, the Central Excise A .....

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