Procedure regarding removal of goods to bonded warehouse under Rule 46(13) of SEZ Rules – DOC Clarifies
AS per Rule 46(13) of SEZ Rules, the Authorised Officer may permit a Unit to transfer goods to an EOU or EHTP or STP or BTP or a bonded warehouse, without payment of duty subject to certain conditions.
It seems representations have been received seeking clarification on procedure for removal of goods to Bonded Warehouse.
The Department of Commerce after consultation with Directorate General of Export Promotion, Department of Revenue has prescribed the following procedure:
++ The Unit shall file yellow Bill of Entry(YBE) to SEZ Customs with copy of invoice, packing list etc. besides Space Utilisation/Availability Certificate from the Customs Officer - in -charge of the bonded warehouse.
++ The goods will move from SEZ to the bonded warehouse on the strength of fifth copy of YBE containing the SEZ Customs report regarding verification marks, numbers etc.
++ The Customs officer in charge of the bonded warehouse will retain the fifth copy of the YBE for his record and issue re-warehousing certificate for the goods received.
++ The SEZ unit shall submit the said re-warehousing certificate immediately to SEZ Customs.
++ If the SEZ unit fails to submit the re-warehousing certificate within 45 days from the date of clearance of the goods from the Zone, the SEZ Customs shall initiate-appropriate action to realize duty and interest on the goods in question.
Department of Commerce Instruction No. 63 Dated: August 10, 2010