The document outlines the definition and types of warehouses under customs regulations, specifically focusing on bonded warehouses like manufacturing, public, private, and diplomatic warehouses. It details the prerequisites for operating a bonded warehouse, including applications, financial documentation, and safety requirements, as well as the warehousing period for both perishable and non-perishable goods. Additionally, it discusses the processes involved in transferring goods between warehouses and the in-bonding/ex-bonding procedures required for clearing and warehousing of goods.

2. WAREHOUSE
WAREHOUSE
A warehouse can be defined
as an area where dutiable
goods can be store for a
period of time as specified in
warehousing rules from time
to time by the Board.

3. CONCEPT OF WAREHOUSE UNDER
CONCEPT OF WAREHOUSE UNDER
CUSTOMS ACT
CUSTOMS ACT
TYPE OF BONDED WAREHOUSES:
MANUFACTURING BONDS.
PUBLIC / PRIVATE BONDS.
DIPLOMATIC BONDS / DUTY FREE SHOPS.

4. PRE-REQUSITE FOR OPERATING
BONDED WAREHOUSE
The approval / application for any kind of bonded warehouses covered
under
the Act is allowed in section 12-13 of the Customs Act.
Pre-requisite are :
1.Application to the collector of customs in the prescribed format.
2.Sight planned of the proposed warehouse indicating details of the locality
and total area.
3.Ownership / lease rental agreement of the property where the warehouse
has to be established, worthiness of the building.
4. NTN / STN registration of the applicant.
5. Bank certificate for sound financial position
6.Memorandum and Articles of association, where the applicant is registerd
under companies ordinance 1984
7. A general bond in the prescribed format binding themselves that they
shall observe all the provisions of the act and that they should be liable
to pay, all dues, penalty at the discretion of the appropriate officer.

5. 8.Permission of the owner to use the premises as a warehouse.
9. Installation of firefighting equipment
10.Comprehensive insurance policy, covering fire, burglary, riot, flood,
aircraft damage , earthquake, explosion.
11.Post dated check along with indemnity bond covering dutiable taxes and
penalties of the value of the goods to be warehoused.
12. License for the warehouse is valid for three years, renewable for a
further period of 3 years by the Collector of Customs.

6. Reason for Public / Private /
Diplomatic Warehouse.
1. To accommodate the trader and the manufacturer to
warehouse the goods in bulk.
2. To accommodate the trader to warehouse goods and ex-
bond the same in installment.
3. A major source for reducing the burden of tax payer.
4. Greater facilitation to import in bulk.
5. To avail storage facility by the importer lacking storage
facility.
6. The diplomatic bonded warehouses have been established
to facilitate the diplomatic corps to enable them to get the
item of daily use from these warehouses free of duty and
taxes.

7. Manufacturing Bond
The industrial manufacturers are entitled to have a
manufacturing bond at their manufacturing premises.
The manufacturer must have approved their quota of
input goods which is to be consumed within the
period as specified under the rules.
The input goods comprises of :
1. Raw Material
2. Sub component
3. Component
4. Sub Assembly
5. Assembly
6. Accessories etc.

8. Warehousing Period for Different
Type of Goods.
Perishable goods for three months.
Non-perishable goods for six months (Section 98).
Extendable by the Collector not more than one
month in case of Perishable and three months in
case of Non-Perishable.
FBR for unlimited time, however, the fitness for
consumption of perishable goods is to be
considered.

9. Transfer of Goods from one warehouse to another in the
same station or any other warehousing station.
.
The owner of the goods including the manufacturer under
section 100 may apply to the collector of customs for shifting
of goods from one warehouse to another.
The request must be made within the validity period of
warehousing as discussed in the earlier slide.
Subject to any security or condition as directed by the
Collector.
In case of cancellation of warehousing license, the owner of
the goods may removed the goods to another warehouse
within ten days or time fix by the appropriate officer or may
clear them either for export or home consumption after
paying the duties / taxes involved

10. IN-BONDING / EX-BONDING OF THE
WAREHOUSED GOODS
The importer / clearing agent may file in to bond GD for the clearance /
warehousing of the goods.
At the time of in-bonding, the clearing agent must be careful about the
proper application of HS code / value / importability.
Payable duty and taxes on the in-to-bond GD must be clearly calculated.
Any concessionary SRO must be clearly declared on the in-to-bond GD.
Analysis certificate / lab reports if required must be mentioned on the in-
to-bond GD.
Ex-bond GD must correspond to the relevant mandatory field as per in-
to-bond GD i.e. invoice value, unit value, total quantity, quantity of the
goods ex-bounded, HS code. In case of change of HS code the case
must be reported to the concerned appropriate officer.
Rate of exchange and payable duty taxes must be the one prevailing on
the date of the submission of ex-bond GD, which shall be cleared within
seven days of its submission, otherwise any change in the rate of
exchange or duties / taxes is to be applied which is prevailing on the final
date of submission of ex-bond GD.