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Date: 01-Aug-2024 Category: Extra Ordinary State: Union Government Country: India

Amendment in the Warehouse Corporation Act, 1962

Issued by Ministry of Consumer Affairs, Food and Public Distribution · Department of Food and Public Distribution

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Executive Summary & Key Takeaways

Gazette Notification Description

  • This Extraordinary Gazette notification from the Ministry of Consumer Affairs, Food and Public Distribution, dated August 1, 2024, announces the effective date of amendments to the Warehousing Corporations Act, 1962 (58 of 1962).
  • The amendments are made possible through the Jan Vishwas (Amendment of Provisions) Act, 2023 (18 of 2023).

Key Changes

  • The notification specifies that the amendments to the Warehousing Corporations Act, 1962, as detailed in serial number 16 of the Schedule to the Jan Vishwas (Amendment of Provisions) Act, 2023, come into force on the date of this Gazette notification (August 1, 2024).
  • The specific nature of the amendments to the Warehousing Corporations Act, 1962, are not detailed in this notification; reference is made to Schedule 16 of the Jan Vishwas Act for specifics.

Impact Analysis

Impact on Warehousing Corporations

  • Failure to comply could result in penalties as defined within the amended Act.

Impact on Businesses Using Warehouses

  • Businesses should engage with their warehousing providers to understand the implications of the amendments.

Impact on Government

  • The government may also need to allocate resources for inspections and potential legal action against non-compliant entities.

Suggested Actions

  • All stakeholders should monitor official government communications for further guidance and clarification on the implementation of the amendments.

Key Entities Referenced

Ministry of Consumer Affairs, Food and Public Distribution: The issuing ministry of the Gazette notification. Jan Vishwas (Amendment of Provisions) Act, 2023 (18 of 2023): The Act under which the amendments to the Warehousing Corporations Act are made. Warehousing Corporations Act, 1962 (58 of 1962): The Act amended by the Jan Vishwas Act. The specific amendments are detailed in Schedule 16 of the Jan Vishwas Act.
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रजिस्ट्री स.ं डी.एल.- 33004/99 REGD. No. D. L.-33004/99 सी.जी.-डी.एल.-अ.-01082024-255978 CG-DxLx-xEG-I0D1H0x8x2x0 24-255978 xxxGIDExxx असाधारण EXTRAORDINARY भाग II—खण् ड 3—उप-खण्ड (ii) PART II—Section 3—Sub-section (ii) प्राजधकार स ेप्रकाजित PUBLISHED BY AUTHORITY स.ं 2927] िई दिल्ली, बृहस्ट्प जतर्ार, अगस्ट्त 1, 2024/श्रार्ण 10, 1946 No. 2927] NEW DELHI, THURSDAY, AUGUST 1, 2024/SHRAVANA 10, 1946 उपभोक्ता मामल,े खाद्य और सार्िव जिक जर्तरण मत्रं ालय (खाद्य एर् ंसार्िव जिक जर्तरण जर्भाग) अधिसचू ना िई दिल्ली, 31 िुलाई, 2024 का.आ. 3068(अ).—केंद्रीय सरकार, िि जर्श्वास (उपबंधों का संिोधि) अजधजियम, 2023 (2023 का 18) की धारा 1 की उपधारा (2) द्वारा प्रित्त िजक्तयों का प्रयोग करत े हुए, रािपत्र म ें अजधसूचिा की तारीख को उस तारीख के रूप म ें जियत करती ह,ै जिसको उक्त अजधजियम के उपबंध, िहा ं तक इसका सम्बन्ध, उक्त अजधजियम की अिुसूची के क्रमांक 16 म ें जर्जिर्िवष्ट केन्द्रीय भण्डारण जिगम अजधजियम, 1962 (1962 का 58 ) म ें सिं ोधि स े ह,ै प्रर्ृत्त हो िाएँगे| [फा. सं. 9-6/2024-एस िी-I/ई-387007] अजिता कण,व संयुक् त सजचर् 4769 GI/2024 (1)2 THE GAZETTE OF INDIA : EXTRAORDINARY [PART II—SEC. 3(ii)] MINISTRY OF CONSUMER AFFAIRS, FOOD AND PUBLIC DISTRIBUTION (Department of Food and Public Distribution) NOTIFICATION New Delhi, the 31st July, 2024 S.O. 3068(E).—In exercise of the powers conferred by sub-section (2) of section 1 of the Jan Vishwas (Amendment of Provisions) Act, 2023 (18 of 2023), the Central Government hereby appoints the date of the Gazette notification on which the provisions of the said Act, in so far as it relates to amendments in the Warehousing Corporations Act, 1962 (58 of 1962) specified against serial number 16 of the Schedule to the said Act, shall come into force. [F. No. 9-6/2024-SG-I/e-387007] ANITA KARN, Jt. Secy. Uploaded by Dte. of Printing at Government of India Press, Ring Road, Mayapuri, New Delhi-110064 and Published by the Controller of Publications, Delhi-110054.

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