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Warehousing (Development And Regulation) Registration Of Warehouses (Amendment) Rules, 2022

Warehousing (Development And Regulation) Registration Of Warehouses (Amendment) Rules, 2022

Warehousing (Development And Regulation) Registration Of Warehouses (Amendment) Rules, 2022

 

[05th April 2022]

ln exercise of the powers conferred by clauses (a), (b) and (c) of sub-section (2) of section 50 of the Warehousing (Development and Regulation) Act, 2007 (37 of 2007), the Central Government hereby makes the following rules further to amend the Warehousing (Development and Regulation) Registration of Warehouses Rules, 2017, namely:-

Rule - 1.

(1)     These rules may be called the Warehousing (Development and Regulation) Registration of Warehouses (Amendment) Rules, 2022.

(2)     They shall come into force on the date of their publication in the Official Gazette.

Rule - 2.


In the Warehousing (Development and Regulation) Registration of Warehouses Rules, 2017 (hereinafter referred to as the said rules), in rule 2, in sub-rule (1), in clause (h), after sub-clause (iv), the following sub-clause shall be inserted namely:-

"(v) any other official, by whatever name called, who performs the functions of any of the aforesaid officials or functions of a similar nature."

Rule - 3.


In the said rules, in rule 4, after sub-rule (1), the following sub-rule shall be inserted, namely:-

"(1A) The Authority shall, from time to time, notify the type of goods that may be, the subject matter of a negotiable warehouse receipt".

Rule - 4.


In the said rules, in rule 25, in clause (a), for the word specified, the word "notified" shall be substituted.

Rule - 5.


In the said rules, for the Third Schedule, the following Schedule shall be substituted, namely:-

"The Third Schedule

[See rules 5 and 13 (3)]

I.         Application fee for registration and renewal of warehouse storing only agricultural goods :

Unit of registration

Fee

Each warehouse with a capacity of 500 Ton

Rs. 5,000/-

Each warehouse with a capacity of more than 500 Ton but less than or equal to 1,000 Ton

Rs. 7,500/-

Each warehouse with a capacity of more than 1,000 Ton but less than or equal to 2,500 Ton

Rs. 10,000/-

Each warehouse with a capacity of more than 2,500 Ton but less than or equal to 5,000 Ton

Rs. 15,000/-

Each warehouse with a capacity of more than 5,000 Ton but less than or equal to 10,000 Ton

Rs. 20,000/-

Each warehouse with a capacity of more than 10,000 Ton but less than or equal to 25,000 Ton

Rs. 25,000/-

Each warehouse with a capacity of more than 25,000 Ton

Rs. 30,000/-

 

Note:-Where the applicant or warehouseman is a Farmer Producer Organisation or a Primary Agricultural Cooperative Credit Society or a Self Help Group, the fees shall be rupees five hundred.

II.       Application fee for registration and renewal of warehouse storing both agricultural and non-agricultural goods :

Unit of registration

Fee

Each warehouse with a capacity of upto 10,000 Ton

Rs. 50,000/-

Each warehouse with a capacity of more than 10,000 Ton but less than or equal to 25,000 Ton

Rs. 75,000/-

Each warehouse with a capacity of more than 25,000 Ton

Rs. 1,00,000/-"

Rule - 6.


In the said rules, for the Seventh Schedule, the following schedule shall be substituted, namely:-

"The Seventh Schedule

[See rule 18 (1) and (2)]

I.         Minimum net worth requirements of applicant for registration of warehouse storing only agricultural goods:

Storage capacity (in Tons)

Net worth (Rupees in crores)

Upto 500

0.04

501 – 1,000

0.08

1,001 – 1,500

0.12

1,501 – 2,000

0.16

2,001 – 2,500

0.20

2,501 – 5,000

0.40

5,001 – 7,000

1.00

7,001 – 10,000

2.00

10,001 – 15,000

5.00

15,001 – 25,000

10.00

25,001 – 75,000

20

75,001 – 1,50,000

30

1,50,001 – 5,00,000

50

5,00,001 and above

100


Note:- Where the applicant or warehouseman is a Farmer Producer Organisation or a Primary Agricultural Cooperative Credit Society or a Self Help Group, the net worth requirement specified in the Table shall not apply, but it shall not have deficit net worth.

II.       Minimum net worth requirements of applicant for registration of warehouse storing both agricultural and non agricultural goods:

Storage Capacity (in Tons)

Net worth (Rupees in Crore)

Upto 25,000

10.00

25,001-75,000

20.00

75,001-1,50,000

30.00

1,50,001- 5,00,000

50.00

5,00,001 and above

100.00"