In- bond Manufacture- New Guidelines

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....g. I am directed to state that a review of the existing policy with regard to grant of in-bond Manufacture facility under section 65 of the Customs Act, 1962 has been conducted by the Board. Consequent to the review, it has been decided that the requests for grant of in-bond Manufacture facility under section 65 of the Act will henceforth be considered and decided at the level of the Commission....

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....Manufacture-in-bond operations are required to be carried out under customs supervision on cost recovery basis. The Commissioner may carefully securities the application for grant of in-bond manufacture facility and if the applicant is financially secured, has goods credibility, and has not been involved in Customs or Excise duty evasion in the preceding 5 years in the normal course, an in-bond ma....