Notification No 31/2016_re-warehousing procedure

[Yatin Bhopi]

Dear expert,

Notification no 22/2003 CE dated 31.03.2003 has been amended vide Notification no 31/2016 CE dated 24-08-2016 and "following the re-warehousing procedure" word has been omitted in paragraph (2a) and (2b).

Is that mean now ARE 3 (re-warehousing certificate ) need not be singed by Center excise\custom officers and self-certification by authorised signatory of EOU unit is sufficient.

Please confirm

AI Summary

Re-warehousing certificate requirement removed, permitting self-certified ARE-3 submission by authorised EOU signatories instead of officer signatures.
Removal of the re-warehousing procedure requirement means re-warehousing certificates (ARE-3/ARE-3A) need not be signed by Central Excise/Customs officers and may be self-certified by an authorised EOU signatory. The warehousing procedure withdrawal is replaced by requiring a Procurement Certificate at import (or pre-authenticated procurement certificates), submission of the bill of entry copy to the jurisdictional office upon receipt, and reconciliation by the jurisdictional office of imports with procurement certificates.