https://www.taxtmi.com/circulars?id=55069 Licensees must hold a Private Bonded Warehouse (PBWH) licence covering the Duty Free Shop and Main Bonded Warehouse, register a General Bond, pay cost recovery charges, and operate all receipts, transfers and sales of imported non-duty paid goods under Customs supervision. Receipts require into-bond Bills of Entry or prescribed transfer applications, escorted movement, inventorying and entries by Bond Officers. Transfers from MBWH to DFS use multi-copy applications and escorted removal; sales only to eligible international passengers/crew in approved foreign currency require serial triplicate sale vouchers and Bond Officer certification. Monthly statements, audits, register maintenance, double-locking and recovery of differential duty are mandatory; final closure follows audit clearance. en-us Fri, 21 Jun 2013 00:00:00 +0530 Mon, 07 Nov 2016 14:22:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/circulars?id=55069 Licensees must hold a Private Bonded Warehouse (PBWH) licence covering the Duty Free Shop and Main Bonded Warehouse, register a General Bond, pay cost recovery charges, and operate all receipts, transfers and sales of imported non-duty paid goods under Customs supervision. Receipts require into-bond Bills of Entry or prescribed transfer applications, escorted movement, inventorying and entries by Bond Officers. Transfers from MBWH to DFS use multi-copy applications and escorted removal; sales only to eligible international passengers/crew in approved foreign currency require serial triplicate sale vouchers and Bond Officer certification. Monthly statements, audits, register maintenance, double-locking and recovery of differential duty are mandatory; final closure follows audit clearance. Circulars Customs Fri, 21 Jun 2013 00:00:00 +0530 https://www.taxtmi.com/circulars?id=55069