Maintenance of records in relation to warehoused goods in electronic form, filing of Returns and acknowledgement of receipt of goods

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..... tion to warehoused goods in electronic form, filing of Returns and acknowledgement of receipt of goods. The Importers, Exporters, Customs Brokers and all concerned are hereby informed that the Central Board of Excise and Customs has amended the Chapter IX of the Customs Act 1962 (Sections 57 to 73A), in order to liberalise the warehouse procedure and to promote ease of doing business. 2. In th .....

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..... ited in or removed from the warehouse. Similarly, all other activities prescribed in the regulations need to be recorded immediately. Such electronic records should be kept updated, accurate and complete and shall be available at the warehouse at all times and accessible to the Bond Officer or any other authorised officer for verification. (c) The software for maintenance of electronic records .....

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..... the licensee shall furnish such information to the bond officer on or before the 10th day of the month immediately preceding the month of such expiry. (b) The monthly return to be filed by the assesse as per para 4 (a) (i) shall be filed in Form- A appended to this public notice. (c) The monthly return to be filed by the assesse as per para 4(a) (ii) shall be filed in Form- B appended to th .....

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..... to be delivered to the Bond officer/ proper officer. For the purpose of discharging these responsibilities, the licensee may appoint one or more employees as authorised signatories. The specimen signatures of such authorised signatories and the specimen impression of the stamp of the licensee to be affixed on the documents should be kept updated with the Bond officer at all times. (b) The lice .....

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..... l be applicable from 14th May 2016. Thus the record of any goods received on or after 14th May 2016 shall be maintained as per the prescribed forms. There would however be no requirement of converting the manual records maintained upto 13.05.2016 to digital form and the records of the goods lying deposited in the warehouse till the 13th of May 2016 may continue to be maintained in the manner presc .....

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