Removal of mandatory warehousing requirements for export-oriented units replaced by digital records and procurement certificate regime. Mandatory warehousing provisions for EOUs, STPIs, EHTPs and similar units have been removed, de-licensing them as warehouses while preserving the duty-exemption conditions of Notification 52/2003-Cus and the FTP. Units must maintain prescribed digital records with an audit trail of receipts, storage, processing and removals, furnish monthly transaction copies to the proper officer, and use procurement certificates and reconciliation procedures in place of re-warehousing certificates and bond-to-bond movements for inter-unit transfers.
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Provisions expressly mentioned in the judgment/order text.
Removal of mandatory warehousing requirements for export-oriented units replaced by digital records and procurement certificate regime.
Mandatory warehousing provisions for EOUs, STPIs, EHTPs and similar units have been removed, de-licensing them as warehouses while preserving the duty-exemption conditions of Notification 52/2003-Cus and the FTP. Units must maintain prescribed digital records with an audit trail of receipts, storage, processing and removals, furnish monthly transaction copies to the proper officer, and use procurement certificates and reconciliation procedures in place of re-warehousing certificates and bond-to-bond movements for inter-unit transfers.
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