What is Warehouse Registration/License in India?

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.

What if the procedure for registration of the warehouse is not duly complied?

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.