Online warehouse registration in India is a complex process, as it requires proper details & documentation.
According to the WDRA, 2007 and the Warehousing (Development & Regulation) Registration of Warehouse Rules, 2017, any person commencing or carrying on the warehousing business and also intending to issue Negotiable Warehouse Receipts (NWRs) has to mandatorily get the warehouse registered with the Warehousing Development & Regulatory Authority (WDRA) and also to comply with applicable warehouse legal requirements.
If the procedure for registration of warehouse is not duly complied in accordance to the applicable provisions of Warehousing (Development & Regulation) Act, 2007or not fulfilling the warehouse legal requirements then there are penal provisions in the form of hefty monetary fines or imprisonment or both.
The above-mentioned documents are required to be attached with the application of online warehouse registration in India
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A person who wants to carry on the business of warehousing may submit only one application for registration in respect of all the warehouses. WDRA
In case the applicant/ warehouseman is a Farmer Producer Organisation or a Cooperative, the fee shall be Rs. 5,000 per warehouse.
The insurance coverage requirement for getting warehouse License in India with respect to the goods deposited in the warehouse(s), must be against at least:
(d) SFSP policy
(e) misappropriation and
(f) riots and strikes.
Fire safety equipment's arrangement for Warehouse Registration in India includes number & type of fire extinguishers, fire buckets, water arrangements, fire safety alarms and any other measures etc available in warehouse infrastructure.
The eligibility requirement of an applicant for granting warehouse license in India are as follows: