Private Bonded Warehouses for imports - regarding

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....ers of Customs and Central Excise The Federation of Indian Export Organisation, New Delhi The Export Promotion Councils / Commodity Boards All Chambers of Commerce and Industries/Association on the mailing list Subject : Private Bonded Warehouses for imports - regarding. Sir, Attention is invited to Paragraph 4.15 of EXIM Policy and Paragraph 4.23 of Handbook of Procedures (Vol.1....

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.... of import of such goods even if the item is in the Negative List of Imports by such Private Bonded Warehouses for warehousing them in such Private Bonded Warehouses. Such goods may be cleared for home consumption in accordance with the provisions of this Policy. Accordingly, if the item is under Negative List of Imports then at the time of clearance of such goods from the Private Bonded Wareho....

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..... Likewise, in case of clearance against DEPB, credit may be adjusted while allowing duty free clearance. Advance Licence holders before taking supplies from such Private Bonded Warehouses shall execute a Legal Undertaking / Bank Guarantee as prescribed by the Custom Authorities with the concerned Jurisdictional Asstt. Commissioner of Customs / Central Excise. For taking supplies from such P....