Warehousing (Development and Regulation) Registration of Warehouses (Amendment) Rules, 2018

May 31, 2018 | by Avantis RegTech Legal Research Team

Warehousing Development and Regulatory Authority (WDRA) has issued Warehousing (Development and Regulation) Registration of Warehouses (Amendment) Rules, 2018 further amending the Warehousing (Development and Regulation) Registration of Warehouses Rules, 2017.

Vide this amendment the ‘Seventh Schedule’ of  Warehousing (Development and Regulation) Registration of Warehouses Rules, 2017 which relates to Minimum net worth requirements for registration with the Authority has been substituted as under:-

Storage capacity

(in tons)

Net worth

(Rupees in crores)

Less than 1,000

0.1

1,001 - 3000

0.25

3,001 - 5,000

0.50

5,001 -7000

1.00

7,001 - 10,000

2.00

10,001 – 15000

5.00

15,001 - 25,000

10.00

25,001 -75,000

20.00

75,001 - 1,50,000

30.00

1,50,00I- 5,00,000

50.00

5,00,001 and above

100.00

 

[G.S.R. 251(E)]

 

URL: https://wdra.gov.in/documents/32110/175917/WDRA+Rules+2018.pdf/a1e9e0c9-ca57-7f6b-ce57-328942bd8b5f


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