Rule 9
Provision Relating To License Of The Bonded Warehouse
(1) Following Industry or person intending to avail of the facilities of bonded warehouse shall apply at the Department for the license.
(a) Industry exporting garment to foreign country.
(b) Industry exporting its product to third country.
(c) Except the Industry period in Rule (a) above, other industries exporting at least Fifty percent of its production to India.
(d) Person who is importing goods to sale through the government licensed duty free shop.
(2) Industry applying under Sub-rule (1) shall submit certificate stating that the industry qualifies as per Rule (a), (b) or (c). Provided that, In case the industry which has not crossed on year after its operation, intends to get license for the bonded warehouse shall not need to submit certificate if it submits conditional contract paper (Kabuliyatnama) with the export plan and conformity of its export to third country or exports to India of its production at least 1 Fifty percent.
(3) If the application received pursuant to Sub-rule (1) is found to be appropriate to issue the license, the epartment may issue license to the industry by charging 1 Six Thousand Rupees as a license fee. .
(4) The validity period for the license as per Sub-rule (1) shall be valid for One year. The licensee shall get the license renewed from the Department by paying renewal fee of Three Thousand Rupees before the next fiscal year starts, if licensee intends to renew the license for the next fiscal year.
(5) If the licensee fails to renew the license pursuant to Sub-rule(4), the licensee shall pay additional fee of 1 Three Thousand Rupees for each fiscal year for the renewal of the license.
(6) Notwithstanding anything contained in Sub-rule (5), the licensee shall deprived of the bonded warehouse facilities accorded to the licensee for the period failing to renew the license.
(a) Industry exporting garment to foreign country.
(b) Industry exporting its product to third country.
(c) Except the Industry period in Rule (a) above, other industries exporting at least Fifty percent of its production to India.
(d) Person who is importing goods to sale through the government licensed duty free shop.
(2) Industry applying under Sub-rule (1) shall submit certificate stating that the industry qualifies as per Rule (a), (b) or (c). Provided that, In case the industry which has not crossed on year after its operation, intends to get license for the bonded warehouse shall not need to submit certificate if it submits conditional contract paper (Kabuliyatnama) with the export plan and conformity of its export to third country or exports to India of its production at least 1 Fifty percent.
(3) If the application received pursuant to Sub-rule (1) is found to be appropriate to issue the license, the epartment may issue license to the industry by charging 1 Six Thousand Rupees as a license fee. .
(4) The validity period for the license as per Sub-rule (1) shall be valid for One year. The licensee shall get the license renewed from the Department by paying renewal fee of Three Thousand Rupees before the next fiscal year starts, if licensee intends to renew the license for the next fiscal year.
(5) If the licensee fails to renew the license pursuant to Sub-rule(4), the licensee shall pay additional fee of 1 Three Thousand Rupees for each fiscal year for the renewal of the license.
(6) Notwithstanding anything contained in Sub-rule (5), the licensee shall deprived of the bonded warehouse facilities accorded to the licensee for the period failing to renew the license.