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Customs bonding - CBEC's Customs Manual 2023 - Customs

Extract

..... 6. Customs bonding: 6.1 The premises of EOU were earlier required to be approved as a Customs bonded warehouse under the warehousing provisions of the Customs Act. The manufacturing and other operations were carried out under customs bond and the unit bears appropriate charges for officers on cost recovery basis. In case of units in Aquaculture, Horticulture, Floriculture, Granite quarrying etc exemption from bonding was given for administrative reasons with certain other safeguards being put in .....

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Customs bonding - CBEC s Customs Manual 2023 - Customs

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