EOU / STP / EHTP/ BTP units not to be bonded warehouses

In line with the Government’s objective of ‘ease of doing business’, the requirement of the units to be bonded as warehouses under Customs provisions is being done away with effect from  August 13, 2016, vide Customs Notification No. 44/2016 dated July 29, 2016.

Accordingly the following further changes will take also place with effect from August 13, 2016:

• The warehoused goods register (warehousing bond register) shall not be required to be maintained;
• The system  of  sending  re-warehousing  certificates  to  the  customs  station  of  import  shall  also  stand dispensed  with;
• The  units shall  maintain  records  of  imported  goods,  in digital  form,  based  upon  data  elements  contained  in  Form  A  (format of Form A is specified in Circular No. 35/2016 – Customs dated July 29, 2016);
• A digital copy of Form A, containing transactions for the month, shall be provided to the proper officer, each month (by the 10th of month) in a CD or Pen drive, as convenient to the unit;
• In place of the re-warehousing certificate procedure, the following is prescribed:
  • The  Units  shall  continue  to  obtain  /  furnish  a  Procurement  Certificate  at  the Customs Station   at   the   time   of   import   or   pre-authenticated   procurement certificates, as applicable to them;
  • Upon receipt of goods in the unit, a copy of the relevant bill of entry shall be provided to the jurisdictional office;
  • The   jurisdictional   office   shall   reconcile   the   imports   with   procurement certificates.
• Instead of the bond to bond  movement  as is  being  currently followed,  whenever  capital  goods,  manufactured  goods  or  inputs  are supplied by one unit to another, the following procedure shall be followed:
  • Any  procurement  by  one  unit  from  another  should  be  supported  by  a procurement   certificate   or   pre-authenticated   procurement   certificates,   as applicable;
  • The  supply  of  the  goods  from  one  unit  to  another  shall be  based  upon  the usual commercial documents, such as, invoice & delivery challan;
  • Upon  receipt  of  goods,  copies  of  documents  shall  be  provided  to  the jurisdictional office of the sending and receiving unit by way of intimation.

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