WRDA notified regarding the Submission of Quarterly Return by the warehouseman registered

Feb 01, 2024 | by TeamLease RegTech Legal Research Team

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Industry Specific ComplianceThe Warehousing Regulatory and Development Authority (WRDA) on January 01, 2024, issued a notification regarding the Submission of Quarterly Returns by the warehouseman registered.

The following has been stated namely: -

• It has directed all the warehousemen to submit "Quarterly Return" confirming due compliances with the Registration Rules in a prescribed format on WDRA's Portal.

• The Warehouseman shall ensure the requisite information/ declaration on the portal within 30 days from the completion of reporting quarter. In order to bring ease of reporting, the WDRA portal is enabled with necessary changes. 

• It further states that all compliance officers/Authorized Representatives of the registered warehouse shall submit Quarterly Return only through the WDRA portal.

• The Reporting quarter for the purpose of the return shall be January to March, April to June, July to August, and September to December.

• All warehousemen shall adhere to the above circular and submit due information on a timely basis

• In case of non-submission of "Quarterly Return" in time, necessary action will be taken as per the W(D&R) Act/Rules/Regulations.

 

[Notification No. T-COMP/1/2023-Technical/2365]


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