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Removal of mandatory warehousing requirements for EOUs, STPIs, EHTPs etc. - Amendment to Notification 52/2003- Customs dated 31.03.2003.

Customs - 35/2016 - Dated:- 29-7-2016 - Normal 0 false false false false

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cked= false SemiHidden= true UnhideWhenUsed= true Name= Smart Hyperlink /> Circular No.35/2016-Customs F. No. 484/3/2015-LC (Pt II) Government of India Ministry of Finance Department of Revenue Central Board of Excise & Customs ….. North Block, New Delhi Dated, the 29th July 2016 All Principal Chief Commissioners Customs, All Principal Chief Commissioners of Customs & Central Excise, All Chief Commissioners of Cust .....

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ed Units (EOUs), Electronics Hardware Technology Park Units (EHTPs), Software Technology Park Units (STPIs) and Bio-Technology Park Units (hereinafter referred to as units ) and undertaking to export their entire production of goods and services, except permissible sales in DTA. 2. Notification 52/2003-Customs dated 31.03.2003, as amended from time to time, exempts specified goods when imported for use in the units, from payment of Customs duties, subject to various conditions stated therein. Th .....

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ct, 1962 to the above units, has been examined. 3.1 Warehouses are facilities set up to avail the benefit of customs duty deferment. Imported goods can be stored in a warehouse without payment of duty, and the applicable duty is required to be paid only at the stage of their clearance from the warehouse. In case of the above-referred units, the need for duty deferment is obviated as the goods procured by them are exempt from duties of customs, under Notification 52/2003-Customs, subject to certa .....

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the potential role of these units in the Make in India initiative and as a measure of improving the ease of doing business, it has been decided to do away with the need to comply with warehousing provisions by these units. For this purpose, notification 44/2016 - Customs dated 29th July 2016 has been issued (effective from 13th August 2016) amending the principal notification 52/2003-Customs dated 31st March 2003. As a consequence, these units shall stand delicensed as warehouses under Customs .....

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ted by the units, as required under notification 52/2003-Cus dated 31.3.2003, the Board has prescribed that the units shall maintain records of imported goods, in digital form, based upon data elements contained in Form A (appended). The software for maintenance of digital records must incorporate the feature of audit trail which means a secure, computer generated, time-stamped electronic record that allows for reconstruction of the course of events relating to the creation, modification, or del .....

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e, complete and available at the unit at all times for verification by the proper officer, whenever required. A digital copy of Form A, containing transactions for the month, shall be provided to the proper officer, each month (by the 10th of month) in a CD or Pen drive, as convenient to the unit. 5.1. The above requirement of maintaining digital records, in the prescribed Form, is applicable from 13th August 2016. Record of imported goods received on or after 13th August 2016 shall be maintaine .....

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the customs station of import shall also stand dispensed w.e.f 13th August 2016. 7. In place of the re-warehousing certificate procedure, the following is prescribed: (i) The Units shall continue to obtain / furnish a Procurement Certificate at the Customs Station at the time of import or pre-authenticated procurement certificates, as applicable to them; (ii) Upon receipt of goods in the unit, a copy of the relevant bill of entry shall be provided to the jurisdictional office; (iii) The jurisdi .....

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om another should be supported by a procurement certificate or pre-authenticated procurement certificates, as applicable; (ii) The supply of the goods from one unit to another shall be based upon the usual commercial documents, such as, invoice & delivery challan; (iii) Upon receipt of goods, copies of documents shall be provided to the jurisdictional office of the sending and receiving unit by way of intimation; 8. Any difficulty faced in the implementation of this circular may be brought t .....

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