Form No. Form No. 101 - Form of Bill of Entry To Be Filed By A Passenger Intending To Take Delivery of Gold or Silver From A Customs Bonded Warehouse In India
Contents
Rules & Regulations
Summary
Note
Bookmark
Share
✓ Copied successfully !
Print
Print Options
For full text, please login
Login to TaxTMI
Verification Pending
The Email Id has not been verified. Click on the link we have sent on
Customs bonded warehouse clearance of gold or silver: passenger must file prescribed bill of entry and pay assessed duty. Procedure for passenger clearance of gold or silver from a customs bonded warehouse requires submission of the prescribed Bill of Entry (Form No. 101). ... Summary
Referred In :
Import of Gold and Silver by Passengers (Form of Bill of Entry) Regulations, 1994
Customs bonded warehouse clearance of gold or silver: passenger must file prescribed bill of entry and pay assessed duty.
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).
Full Summary is available for active users!
Note: It is a system-generated summary and is for quick reference only.