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Manufacturing and other operations in a Warehouse Regulations (MOOWR) and waiver of interest Changes in ICES - Customs - PUBLIC NOTICE NO. -119/2020

Extract

..... ms Staff and all other stakeholders is invited to ICES Advisory No. 33/2020 dated 16.09.2020 issued by Directorate General of Systems and Data Management, CBIC. 2. As per Section 61 of the Customs Act, 1962 no interest is leviable on Ex- Bond Bills of Entry filed for clearing the goods for home consumption, from a Section 65 warehouse. In consonance with the same, following changes have been made in the ICES: 2.1. IEC - Warehousing Mapping: For identifying the Warehouses which have been licensed .....

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Manufacturing and other operations in a Warehouse Regulations (MOOWR) and waiver of interest Changes in ICES - Customs

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..... .3. Re-crediting of WBE Ledger in case of Re-export: In case of export of the resultant goods/finish products from the Sec 65 warehouse, option has been given under the ACB role menu to re-credit the Warehouse BE ledger by entering the concerned Shipping Bill details through Exports details of WHBE option. 3. The above changes will come into effect from 21.09.2020. Trade and other stakeholders are advised to refer to the new BE message format for filing the Bills of Entry w.e.f. 21.09.2020. 4. D .....

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Manufacturing and other operations in a Warehouse Regulations (MOOWR) and waiver of interest Changes in ICES - Customs

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