Re-export of warehoused goods: procedure requires NOC, shipping bill filing, assessment and bond cancellation upon export. Re-export requires the bonder-exporter to apply to the Import Bond Section, which verifies stock and may grant permission conditioned on foreign exchange realisation and lawful original import. A provisional bond register entry is made and permission is sent to the Export Section and warehouse bond officer. The exporter files a Shipping Bill for assessment; after assessment the Bond Superintendent authorises removal, the warehouse officer records Shipping Bill and quantity and allows movement to port. Post-examination, final Shipping Bill and documents are returned for bond cancellation or debit.
Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
Provisions expressly mentioned in the judgment/order text.
Re-export of warehoused goods: procedure requires NOC, shipping bill filing, assessment and bond cancellation upon export.
Re-export requires the bonder-exporter to apply to the Import Bond Section, which verifies stock and may grant permission conditioned on foreign exchange realisation and lawful original import. A provisional bond register entry is made and permission is sent to the Export Section and warehouse bond officer. The exporter files a Shipping Bill for assessment; after assessment the Bond Superintendent authorises removal, the warehouse officer records Shipping Bill and quantity and allows movement to port. Post-examination, final Shipping Bill and documents are returned for bond cancellation or debit.
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