Removal of mandatory warehousing requirements for EOUs, STPIs, EH T Ps etc. - Amendment to Notification 52/2003- Customs dated 31.03.2003

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....ehousing requirements for EOUs, STPIs, EHTPs etc. vide Notification No. 44 2016-Customs dated 29.7.2016 by amending Notification 52 2003- Customs dated 31.03.2003. 2. Chapter 6 of the Foreign Trade Policy (FTP) provides for manufacture of goods and supply of services, including repair, re-making, reconditioning, re-engineering by Export Oriented Units (EOUs), Electronics Hardware Technology Park Units (EHTPs), Software Technology Park Units (STPIs) and Bio-Technology Park Units (hereinafter referred to as "units") and undertaking to export their entire production of goods and services, except permissible sales in DTA. 3. Notification 52 2003-Customs dated 31.03.2003, as amended from time to time, exempts specified goods when imported ....

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....units, as required under notification 52/2003-Cus dated 31.3.2003, the Board has prescribed that the units shall maintain records of imported goods, in digital form, based upon data elements contained in Form A. The software for maintenance of digital records must incorporate the feature of audit trail which means a secure, computer generated, time-stamped electronic record that allows for reconstruction of the course of events relating to the creation, modification, or deletion of an electronic record and includes actions at the record or system level, such as, attempts to access the system or delete or modify a record. While the data elements contained in the Form A are mandatory, the unit will be free to add or continue with any addition....

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....Customs Station at the time of import or pre-authenticated procurement certificates, as applicable to them; (ii) Upon receipt of goods in the unit, a copy of the relevant bill of entry shall be provided to the jurisdictional office; (iii) The jurisdictional office shall reconcile the imports with procurement certificates. 8.1 Inter-unit transfer of capital goods and manufactured goods has been provided in para 6.13 of FTP 2015-20 and involves prior intimation. Additionally, at present, a procedure of bond to bond movement is being followed, whenever capital goods, manufactured goods or inputs are supplied by one unit to another. In place of bond to bond movement, the following procedure shall be followed: (i) A....