Applicability of Warehousing (Development and Regulation) Act, 2007 on storing Metals
Department of Food and Public Distribution have extended the applicability of Warehousing (Development and Regulation) Act, 2007 vide their notification S.O. 3071(E) dated 4th July, 2022 to the non-agricultural commodities as specified below :
- Aluminum
- Brass
- Copper
- Lead
- Nickel
- Zinc
- Tin
- Steel
Now the commodities mentioned above can only be stored in the registered warehouses . Registration of such warehouses or cold storages is to be done online on www.wdra.gov.in
Disclaimer: This is an effort by Lexcomply.com to contribute towards improving compliance management regime. User is advised not to construe this service as legal opinion and is advisable to take a view of subject experts.
He carries over 21 years of experience of providing advisory services around Corporate Law Compliances, Due Diligence, FIPB, Venture Capital Fund, Joint Ventures, Equity Participations, NGOs, etc. He was one of the founding members of RSJ Professionals which serves 500+ corporate clients for various advisory services. He brings with himself a strong understand of laws and nuances related to managing compliance in Indian corporates.
Gaurav is a Fellow Member of ICSI and holds Bachelors in Law.