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of <h1>India Introduces Ex-Bond Shipping Bill Format in ICES 1.5 for Exporting Warehoused Goods; No Export Incentives Included.</h1> The circular from the Ministry of Finance, Government of India, announces the implementation of an ex-bond shipping bill format in the ICES 1.5 system for exporting warehoused goods. This new format addresses the lack of a previous system to capture all transactions related to the removal of cargo from bonded warehouses. Exporters must declare specific warehouse codes and item details when filing an ex-bond shipping bill. The system allows for the export of items imported under multiple into-bond bills of entry in one document. This shipping bill is exclusively for warehoused goods and does not offer export incentives.
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