Requirement of Solvency Certificate for the purpose of Private Warehouse Licensing Regulations 2016

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..... icate for the purpose of Private Warehouse Licensing Regulations 2016 Attention of all the Importers, Customs Brokers and the member of the Trade is invited to the Board's Circular No. 24/2016-Customs dated 02.06.2016 on the above mentioned subject. 2. Regulation 3(1) (c) of the Private Warehouse Licensing Regulations, 2016 requires an applicant to furnish a solvency certificate from a sched .....

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..... .1. In the case of EoUs/EHTP/STPI units, there will be no need to obtain any solvency certificate, as the conditions regarding furnishing of bank guarantee/security are specified in chapter 6 of the Foreign Trade Policy. 5.2 As regards, AEOs/ACPs, the circulars issued in their regard shall govern the amount of solvency required to be furnished by the importer. 6. Any difficulty noticed in the i .....

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