Manufacture in bond - CBEC's Customs Manual 2023 - Customs

..... ocedure prescribed under Rule 5 of the Customs (Import of Goods at Concessional Rate of Duty) Rules, 2017 for which Notification no. 52/2003-Customs dated 31st March, 2003 has been amended by Notification No. 59/2017-Customs dated 30th June, 2017.The degree of supervision of the Departmental officers on movement of raw materials, components, finished goods and manufacturing process and accounting in an EOU is aimed at providing operational flexibility, easing restrictions and removing practical .....

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Manufacture in bond - CBEC s Customs Manual 2023 - Customs

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..... l as indigenously procured goods. This relaxation was available to EOUs with a clean track record having physical export turnover of goods or services is Rs.10 Crores or above in the preceding financial year. [Circular No. 19/2007-Cus dated 3.5.2007 amended by 19/2015 dated 9.6.2015]] 9.4 With the removal of mandatory warehousing, EOUs stand delicensed as warehouses under Customs Act, 1962, with effect from 13th August, 2016. EOUs are no longer required to maintain warehoused goods register. Ins .....

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Manufacture in bond - CBEC s Customs Manual 2023 - Customs

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