Procedure for custom bonding, Customs - Exim - SEZ

[Prakash Bhandari]

One of my client is having a excisable manufacturing unit, he is selling its products in domestic and also export market. Further over the period of time the storage facility in the factory is short, thus they want to have warehouse were therecan be storage of excisable goods withoutpayment of duty. The unit is situated at akola ( M.S) which is not a warehouse station as per notification no 581/18/2001 Dt. 29/6/2001 issued under rule 20 of central excise rules. Thus whether their is any procedure for custom bonding the premises at location Akola which is near to Nagpur ( Maharashtra)

Posts / Replies

[Surender Gupta]

You are advised to refer to chapter 10 of Central Excise Board Manual (available on this site)and notifications referred herein. Since your client is exporter also, you may choose to export warehousing by following the procedure prescribed therein.