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of <h1>Customs Duty Update: New Ex-Bond Bills of Entry Column for Bond-Interest Details to Address Audit Objections.</h1> The Central Board of Excise & Customs has issued instructions to address audit objections regarding improper levy of interest on customs duty, leading to delayed government dues recovery. A new column is to be added to the ex-bond Bills of Entry form to include details of bond-interest collected. This column, placed below the 'Date of removal of goods from the warehouse,' should specify the date of the first extension of the warehousing period, the amount of interest collected, and the period for which interest was collected. Collectors are instructed to implement these changes to ensure timely interest collection on warehoused goods.
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