https://www.taxtmi.com/circulars?id=62536 Removal of the mandatory warehousing licence for export-oriented units means existing licences are delicensed and units must continue to observe applicable customs notifications and the foreign trade policy. Re-warehousing certificates and forwarding-letter formalities are dispensed with; instead units must furnish procurement certificates at import, provide Bills of Entry copies to the jurisdictional office on receipt, and allow reconciliation of imports with procurement certificates, while bond closure procedures tied to re-warehousing certificates are no longer required for affected imports. en-us Fri, 12 Aug 2016 00:00:00 +0530 Fri, 20 Sep 2019 13:01:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/circulars?id=62536 Removal of the mandatory warehousing licence for export-oriented units means existing licences are delicensed and units must continue to observe applicable customs notifications and the foreign trade policy. Re-warehousing certificates and forwarding-letter formalities are dispensed with; instead units must furnish procurement certificates at import, provide Bills of Entry copies to the jurisdictional office on receipt, and allow reconciliation of imports with procurement certificates, while bond closure procedures tied to re-warehousing certificates are no longer required for affected imports. Circulars Customs Fri, 12 Aug 2016 00:00:00 +0530 https://www.taxtmi.com/circulars?id=62536