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Process of extension of re-warehousing period of Bonded capital goods

Customs - DGEP/FTP/07/2015 - Dated:- 15-2-2016 - DGEP/FTP/07/2015 Govt. of India Ministry of Finance Department of Revenue Central Board of Excise & Customs 15th February, 2016 To All Principal Chief Commissioners/ Chief Commissioners of Central Excise, Customs & Service Tax, All Principal Chief Commissioners/Chief Commissioners of Customs, All Principal Chief Commissioners/Chief Commissioners of LTU. Sir, Sub: -reg. The STP/EOU/EHTP Units are premises bonded under Section 58 read with S .....

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. Trade has represented that the renewal of the Private Bonded Warehouse License and the extension of warehousing period for the bonded capital goods are not coterminous. This creates difficulties for them, as they have to approach authorities at the different times for extension of period. 2. To obviate the difficulty faced by trade, Board has already addressed this issue vide circular No. 7/2005-Cus dated 14.02.2005. For ease of understanding by the field formations, the operative part of the .....

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