Central Government hereby makes the following rules further to amend the Warehousing Development and Regulation of Warehouses Rules 2017

EXTRAORDINARY PART II —Section 3 —Sub-section ( i) PUBLISHED BY AUTHORITY No. 534] NEW DEL HI, MONDAY , SEPTEMBER 18 , 2023/ BHADRA 27, 1945 CG-DL-E-18092023-248816 500 तक 0.04 501-1,000 0.08 1,001 -1,500 0.12 1,501 -2,000 0.16 [फा. सं. TFC-04-2016] MINIST RY OF CONSUMER AFFAIRS, FOOD AND PUBLIC DISTRIBUTION (Department of Food and Public Distribution) NOTIFICATION New Delhi, the 18 th September , 2023 G.S.R. 676(E). —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: - l. Short title and commencement - (1) These rules may be called the Warehousing (Development and Regulation) Registration of Warehouses (Amendment) Rules, 2023. (2) They shall come into force on the date of their publication in the Official Gazette. 2. In the Warehousing (Development and Regulation) Registration of Warehouses Rules, 2017, for the Seventh Schedule, the following schedule shall be substituted, namely: - “The Seventh Schedule [See rule 18 (1) and (2)] “Minimum net worth requirements for r egistration with the Authority:” Storage capacity(inTons) Net worth (Rupees in c rores) Upto 500 0.04 501–1,000 0.08 1,001–1,500 0.12 1,501–2,000 0.16 2001 MT and Above Capacity Capacity in (MT) *Rs. 1000 = Required Net worth* with a maximum cap of Rs. 50 Crores 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 defi cit networth. * Illustration: A warehouse with a capacity of 10000 MT required to have minimum n et worth of Rs. 1,00,00,000/ - (10000 MT*Rs. 1000= Rs. 1,00,00,000) (b) in the Eighth Schedule, in paragraph (A). - (i) in sub -paragraphs (3), (4) and (5 ), for the word “applicant”, the word “depositor” shall be substituted; (ii) after sub -paragraph (5), the following sub -paragraph shall be inserted, namely: - “(6) If the depositor is an Hindu Undivided Family (HUF), (a) PAN of HUF and Karta. (b) Deed of declaration of HUF and List of coparceners. (c) Proof of address of Karta. [F. No. TFC -04-2016] ANITA KARN Jt. Secy. Note: The principal rules were published in the Gazette of lndia, Extraordinary, Part II, Section 3, Subsection (i) vide number G.S.R - 165(E), dated the 23rd February, 2017 and subsequently amended vide G.S.R. 1040(E), dated the 22nd August, 2017, G.S.R. 251(E), dated the 20th March, 2018, G.S.R. 782(E) , dated the 21st December, 2020, G.S.R. 786(E), dated the 3rd November, 2021, G.S.R. 287(E), dated the 5th April, 2022 and G.S.R. 788(E), dated the 14th October, 2022”. Uploaded by Dte. of Printing at Government of India Press, Ring Road, Mayapuri, Ne w Delhi -110064 and Published by the Controller of Publications, Delhi -110054.