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प्रश्न
Distinguish between a private warehouse and a public warehouse.
Differentiate between Private and public warehouses.
Distinguish between public and private warehouses.
उत्तर
- Private Warehouses:
- Private warehouses are owned by manufacturers and traders to store the goods produced or purchased by them until they are sold out.
- Private warehouses are generally located in rural and suburban areas where space is available at a low cost.
- Licenced by the Central Board of Excise and Customs.
- Only the goods of the owners can be deposited.
- The licence can be cancelled for violation of warehousing provisions.
- Public Warehouses:
- Public warehouses may be owned by the government, public trusts or other public authorities.
- Public warehouses are located in places that are well connected by roads, railways and waterways or airways.
- Appointed by the Central Board of Excise and Customs.
- The goods of any person can be deposited.
- No question of cancellation of the licence.
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संबंधित प्रश्न
Warehouses licensed by the government and established specifically for storage of dutiable goods are called ______.
The benefits of public warehousing includes ______.
These warehouses are owned by manufacturers and traders to store the goods produced or purchased by them until they are sold out.
These warehouses are meant for use by businessmen in general. Any businessman can store his goods in these warehouses for some charge.
Large amount of capital is required for construction and maintenance of ______ warehouses.
Public warehouses may be owned by ______.
These warehouses are established under a bond with the customs authorities for storage of dutiable goods till the payment of imports duty.
Distinguish between Public Warehouses and Bonded Warehouses.
Describe the different types of warehouses.
Discuss the advantages of Bonded Warehouse to importers.