CBEC Prescribes Procedure for Duty Free Shops
CBEC has prescribed a system of accounting of receipt, storage, operations and removal of goods with regard to Duty Free Shops:
1. Maintenance of records of warehoused goods only in digital form: Every licensee shall maintain electronic records of receipt, handling, storage and removal of the warehoused goods .
2. Returns: a licensee shall file with the bond officer a monthly return of the receipt, storage, operations and removal of goods in the warehouse, within ten days after the close of the month to which such return relates.
3. Facilities: the licensee shall maintain facilities such as computer, photocopier, scanner and printer at the warehouse.
4. Procedure for removal of goods: Every duty free shop shall record their sales to passengers by a computer generated invoice, which shall contain the name of the passenger, flight number & passport number.
5. Jurisdiction: The duty free shops shall be under the general supervision of the Principal Commissioner/ Commissioner of the Airport (Passenger Terminal).
CBEC Circular No.32/2016-Cus., Dated: July 13, 2016