21.04.03
| (a) | Any person who intends operating a duty and tax free shop must— |
| (i) | apply for a special customs and excise storage warehouse license in accordance with rule 60.01A(c)(i) and must comply with all the requirements specified on the electronic application or form DA 185 and the relevant annexure, as the case may be, in these rules, any relevant section or item of Schedule No. 8 governing such licences and any additional requirements that may be determined by the Commissioner. |
[Rule 21.04.03(a)(i) substituted by section 3 of Notice No. R.393, GG44506, dated 30 April 2021 - effective 23 April 2021]
(ii)
| (aa) | before a licence is issued, furnish the security the Commissioner may require; |
| (bb) | if security is furnished in the form of a bond, such bond— |
| (A) | is subject to the provisions of rules 120.08 and 120.09; and |
| (B) | must be in the form determined by the Commissioner. |
| (b) | The provisions of section 60(2) and the rules for section 60 shall apply with the necessary changes to any refusal of an application for a licence or the renewal, cancellation or suspension of the licence issued in respect of a duty and tax free shop. |
