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Dated: 13/06/2016
Circular No. 24 /2016 – Customs
Sub: Requirement of Solvency Certificate for the purposes of Private Warehouse Licensing Regulations 2016
Regulation 3 (1) (c) of the Private Warehouse Licensing Regulations, 2016 requires an applicant to furnish a solvency certificate from a scheduled bank for an amount to be specified by the Principal Commissioner / Commissioner of Customs.
Source: CBEC/DGFT, Min of Finance, Govt. of India
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