Central Excise- Export Warehousing -Specifying conditions, procedures, class of exporters and places under sub-rule (2) of rule 20 of Central Excise (No.2) Rules, 2001 read with Notification No. 46/2001-Central Excise(N.T.) dated 26th June, 2001

Export warehousing procedure extends nil-duty storage to specified exporters, prescribing bonds, registration, running bond accounts and interest on diversion.

The circular prescribes application of Notification No.46/2001-CE(N.T.) to specified exporters and places, extends export-warehousing to all scheduled excisable goods (with nationwide registration for petroleum products), and mandates registration under rule 9, execution of a B-3 general bond with 25% security, and maintenance of a Running Bond Account. It sets procedures for issuance of CT-2 certificates, conversion of provisional debits to actual debits upon ARE-3/ARE-1 proof of export, random verification of receipts, controls on packing/labeling/manufacture, rules for diversion to home consumption with duty and interest, and provisions for waiver of physical warehousing and officer accommodation.