TaxTMI 
TaxTMI 
Commissioning of SPM facility by M/s Bharat Petroleum Corporation Ltd.–Kochi Refinery Ltd., Customs procedures Reg
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....rom the land mass. The geographical location of the buoy, which is located mid-sea, is defined by the following Geodetic co-ordinates: Latitude -09 59' 49.93 " N Longitude-76 02' 30.73"E M/s Cochin Port Trust has intimated that the facility has been created in terms of sec.35 of the Major Ports Act, 1963 and requested to notify this area as an approved customs landing place. Accordingly Notification No. 9/2007 dated 26.11.2007 is issued by the Custom House notifying this as an area for the limited purpose of discharge of Crude oil from oil tankers. The scheme of things envisaged is detailed below:- Oil tankers shall be berthed in the SPM buoy, set up at outer-sea, as mentioned above. Unlike in the case of tankers berthing at ....
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....M. ii). Since the SPM Buoy (where the oil tankers are to berth) is within Customs Area outside the notified SEZ whereas, the Puthuvypeen Shore Tank Farm (which is the first-point of receipt of Crude Oil) is within the notified SEZ area, all formalities connected with berthing/boarding of vessel shall be attended to by a proper officer of Cochin Custom House. Further, since there exists no facility for quantification at SPM, supervision of discharge of crude oil to STF and quantification of crude oil so received in STF tanks (including the quantity available in connecting pipeline from SPM to STF) shall be also attended by the proper officers of Cochin Custom House, concurrence for which is already given by Development Commissioner (SEZ) ....
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....e certificates supported by the tank out-turn reports (OTR's) for tank receipt quantification and necessary calculations for Pipeline Content Change quantification. This initial intake certificate shall be certified by the authorized officer of Cochin Custom House posted in SEZ in the case of situation mentioned at para (iii) above and, by both authorized officer in SEZ as well as proper officer in-charge of Bonded cargo at BPCL-KRL tanks, in the case of situation covered under para (iv). (b) Subsequent receipt of the imported quantity from STF and connecting pipelines into the customs bonded tanks in the Refinery, will have to be accounted at Refinery, in the chronological order of shipment in which the tankers have discharged from SPM ....
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....ude shall be shifted (transhipped) to another bonded Tank at a different port, In both the cases, the procedures prescribed for Transhipment shall be followed.. ii). If the cargo is received/warehoused under a single B/L and originally manifested for the refinery at Kochi, normally, requests for transshipment to other ports shall not be allowed. In such cases, such quantity shall be transshipped on filing Ex-bond B/E and on payment of customs duties at Cochin. It may be also noted that transhipment of imported Crude in all the above cases shall be subject to approval of Customs authorities and on compliance of applicable procedures in this regard. Transhipment of crude oil stored in STF tanks in SEZ will be subject to the approval ....