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<h1>Customs bonded warehouse clearance of gold or silver: passenger must file prescribed bill of entry and pay assessed duty.</h1> Procedure for passenger clearance of gold or silver from a customs bonded warehouse requires submission of the prescribed Bill of Entry (Form No. 101). The form allocates: passenger particulars and application (Part A); Air Customs Officer duty assessment, tariff heading, exemption notification and passport verification (Part B); bank recovery of duty in convertible foreign currency (Part C); customs sign off at exit (Part D); warehouse delivery and bond particulars with passenger receipt (Part E); and audit reconciliation of short or excess recovery (Part F).
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