TaxTMI 
TaxTMI 
TaxTMI 
Procedure to be followed in cases of manufacturing or other operations undertaken in bonded warehouses under section 65 of the Customs Act
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....s provide for an application seeking permission under section 65, conditions of the bond to be executed by the licensee, maintenance of accounts, conduct of special audit and cancellation / suspension of permission etc. 3. While Regulation (3) provides for the data elements to be obtained from the applicant seeking permission "to undertake any manufacturing process or other operations", no form has been prescribed. For the sake of uniformity, ease of doing business and exercising due diligence in grant of permission under section 65, the form of application to be filed by an applicant before the jurisdictional Principal Commissioner / Commissioner of Customs is prescribed as given in Annexure A of this Public Notice. 3.1 It is to be noted that an applicant desirous of manufacturing or carrying out other operations in a bonded warehouse under section 65 read with MOOWR, 1966 must also have the premises licensed as a private bonded warehouse under section 58 of the Customs Act. As part of ease of doing business and in order to avoid duplication in the process of approvals, the form of application (Annexure A) has been so designed that the process for seeking grant of license as a ....
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....tion squarely falls within the ambit of "supply" under Section 7 of the Central Goods and Service Tax Act,2017 (hereinafter referred to as the, "CGST Act"). It would therefore, be taxable in terms of section 9 of the CGST Act, 2017 or section 5 of the Integrated Goods and Services Tax Act, 2017 depending upon the supply being intra-state or inter-state. The resultant product will thus be supplied from the warehouse under the cover of GST invoice on the payment of appropriate GST and compensation cess, if any. As regards import duties payable on the imported goods contained in so much of the resultant products are concerned, same shall be paid at the time of supply of the resultant product from the warehouse for which the licensee shall have to file an ex-bond Bill of entry and such transactions shall be duly reflected in the accounts prescribed under Annexure B. 7. For waste or refuse arising out of manufacture and other operations in relation to the resultant products cleared for home consumption, import duty on the quantity of the warehoused goods contained in such waste or refuse shall be paid as per clause (b) to sub-section (2) of section 65. 8. For waste or refuse arising o....
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....v) Registered Public Limited Company (v) Registered Private Limited Company Registered Trust Society/Cooperative society (viii) Others (please specify) Note: Copy of certificate of incorporation along with Memorandum of Objects and Article of Association in case of companies and partnership deed in case of partnership firms should be attached. Tel: Fax: E-mail: 6. Registered office: Address: 7. Bank Account details: Name of the Bank: Branch name: Account Number: 8. Name, Address & DIN (if applicable): [of Proprietor/Partners/Directors etc. (Please attach copies of ID proof)]. 9. Name & Designation of the Authorized Signatory: (copy of Aadhaar Card as proof of ID). 10. Details of existing manufacturing facilities in India and/or Overseas of the applicant firm and of each of its directors/partners/proprietor, as the case may be (please attach separate sheet if required): Part II 1. Address of the proposed site or building: 2. Boundaries of the warehouse: (a) North (b) South (c) West (d) East 3. Details of property holding rights of the applicant (please provide supporting document): (i) Owner (ii) Lease/rent 4. Contact details at the site/premises: Tel: ....
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....at any point of time: Security Personnel: a. Details of arrangements for round the clock security provided for the warehouse: b. Name & details of firm contracted for security services: C. No. of personnel to be deployed on each shift for round the clock security: Fire Security: (Please enclose a fire safety audit certificate issued by a qualified independent agency) 11. DECLARATION: We are a registered or incorporated entity in India. 1. I/We undertake to comply with such terms & conditions as may be specified by the Principal Commissioner of Customs or the Commissioner of Customs. 2. I/We have not been declared insolvent or bankrupt by a court or tribunal. 3. I/We have not been convicted for an offence under any law. 4. I/We have neither been penalized or convicted nor are being prosecuted for an offence under the Customs Act, 1962 or Central Excise Act, 1944 or Finance Act, 1994 or Central Goods and Services Tax Act, 2017 or Integrated Goods and Services Tax Act, 2017 or Goods and Services Tax (Compensation to States) Act, 2017. 5. There is no bankruptcy or criminal proceedings pending against me / us. 6. We hereby declare that the information given in this app....
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....gnature: Name: Designation: Date: Form to be maintained by a unit operating under section 65 of the Customs Act for the receipt, processing and removal of goods. Name and address of the Unit: GSTIN: IEC: Commissionerate: RECEIPTS (IMPORTS) Annexure-B Bill of Entry No. and date Customs Station of import Duty assessed Details of Bond 1 2 3 Details of insurance 4 Description of goods Invoice No. and date Quantity with UQC Assessable Value Comp. BCD IGST cess Registration No. of means of transport One-time -Lock no. Date and time of receipt at the warehouse 5 6 7 8 9 10 11 12 13 14 RECEIPTS (DTA) Tax paid GST Invoice No. Description of goods and date Quantity with UQC Value GST E-way bill number (if applicable) Date and time of receipt at the warehouse Comp. 15 16 17 18 19 cess 20 21 22 Goods issued for manufacturing or other operations PROCESSING Removal for job-work Returns to unit after job - work Details of Job worker Date of Description of Quantity Value Date and time of Description of Quantity with Delivery GSTIN (if Value Name & Date and time of Description of Quantity value De....
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....62 by a unit operating under section 65 of the Customs Act1962) KNOW ALL MEN BY THESE PRESENTS THAT we M/s office located at and holding Import-Export Code No.. having our hereinafter referred to as the "importer", (which expression shall include our successors, heirs, executors, administrators and legal representatives) hereby jointly and severally bind ourselves to the President of India hereinafter referred to as the "President" (which expression shall include his successors and assigns) in the sum of Rs. (please fill amount in words) to be paid to the President, for which payment well and truly to be made, we bind ourselves, our successors, heirs, executors, administrators and legal representatives firmly by these presents. Sealed with our seal(s) this _day of 20 WHEREAS the Principal Commissioner or Commissioner of Customs, has granted license to operate a warehouse under Section 58 of the Customs Act; AND WHEREAS the Principal Commissioner or Commissioner of Customs, has granted permission for carrying out manufacture and other operations in the warehouse under Section 65 of the Customs Act vide letter dated AND WHEREAS the Assistant/ Deputy Commissioner ....