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Procedure regarding Special Warehouses/Duty Free Shops

..... 0 707. F. No. S/22-Gen-41/2014-15/AM(I)/JNCH Dated : - 18.08.2016 PUBLIC NOTICE NO. 110/2016 Sub: - Attention of all the Importers, Customs Brokers, Warehouse Licensee and the member of the Trade is invited to the Board's Circular No. 32/2016-Customs dated 13.07.2016 on the above mentioned subject. 2. Reference is also made to Notification No. 66/2016 - Customs (N.T.) dated 14th May 2016, Special Warehouse Licensing Regulations, 2016, Special Warehouse (Custody & Handling of Goods) Regulations, 2016 and Circular no. 20 / 2016 Customs dated 20th May 2016. 3. It may be noted that the Special Warehouse (Custody & Handling of Goods) Regulations, 2016 prescribe maintenance of a computerized system for accounting. Accordingly, a syste .....

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..... oused goods: (a) The Regulations also prescribe that,- (i) a licensee shall file with the bond officer a monthly return of the receipt, storage, operations and removal of goods in the warehouse, within ten days after the close of the month to which such return relates. (ii) where the period specified in section 61 of the Customs Act, 1962 for warehousing of goods is expiring in a particular month, the licensee shall furnish such information to the bond officer on or before the 10th day of the month immediately preceding the month in which the period of storage of goods in the warehouse is expiring. (b) The monthly return, as per para 4 (a) (i), containing transactions undertaken during the month, shall be filed by the licensee in Form A app .....

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..... mport; or (ii) in case where the goods are received from another warehouse, to the proper officer of the warehouse from where the goods have been received. 7. Facilities: In view of the requirement in the regulations to retain photocopies of documents such as bills of entry, transport documents and Form for transfer of goods from a warehouse, send acknowledgement of receipt of goods in the warehouse etc., the licensee shall maintain facilities such as computer, photocopier, scanner and printer at the warehouse. 8. Effective Date: The above requirement of maintaining digital records, in the prescribed Forms, is applicable from the 14th May 2016. Thus, the record of any goods received on or after 14th May 2016 shall be maintained as per the p .....

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..... be stored digitally, in Form C. e. The records of the warehouse shall be updated every 24 hours with the data elements contained in Form C. 10. Security and Solvency Requirements: The Board has dispensed with the requirement of security to be furnished under section 59 of the Customs Act, 1962 by a DFS operator in respect of his imports (Circular No.21/2016- Customs refers). 10.1 As regards requirements of solvency, as provided under clause (b) of regulation 3 of the Special Warehouse Licensing Regulations 2016, the Board has decided that the Licensee shall furnish a solvency certificate of a value equivalent to the amount of duty involved on the goods proposed to be stored at any point of time. In this connection, it may be noted that prov .....

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..... nsee shall have to undertake the services on cost recovery basis. Further, in cases where the licensee requires services of a customs officer for more than once in a day, he shall have to undertake supervision on cost recovery basis. Similarly, in case where round the clock services are requested, the licensee will have to bear charges on cost recovery basis for a suitable number of officers. Basically, this issue has to be examined on the above lines for deciding the recovery of costs from the licensee. 12. Administrative arrangements For the purposes of uniformity of jurisdiction and supervision, the Board has also approved the following: a. The duty free shops shall be under the general supervision of the Principal Commissioner/ Commissi .....

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