TaxTMI 
TaxTMI 
TaxTMI 
Transportation of goods to and from India through a foreign Territory
X X X X Extracts X X X X
X X X X Extracts X X X X
....vement of goods under the ACMP has also been signed on 05.10.2019. Further, as per the Article V Ill of the Trade Agreement between India and Bangladesh signed on 06.06.2015, the two countries have also agreed on a Protocol on Inland Water Transit and Trade between the People's Republic of Bangladesh and the Republic of India on 06.06.2015 (herein after referred to as PIWTT). The ACMP covers movement of goods from one part of India to another through Bangladesh and the PIWTT covers bilateral trade between India and Bangladesh, movement of goods from one part of India to another through Bangladesh and also export to third countries using each other's territories. 3. In view of the above developments, the Transportation of Goods (Through Foreign Territory) Regulations, 1965 have been superseded by the Transportation of Goods (through Foreign Territory) Regulations, 2020 dated 21.02.2020. The new regulations provide for: (i) movement of goods from one part of India to another through Bangladesh under the ACMP, (ii) movement of goods from one part of India to another through Bangladesh under the PIWTT; (iii) movement of goods from one part of India to another through lan....
X X X X Extracts X X X X
X X X X Extracts X X X X
....he controls exercised at each entry/ exit point. Thus in the CT D format, the port in India is to be taken as any Customs Station notified under the Customs Act. The procedures to be followed in Bangladesh also forms part of the SOP on PI W IT. 4.1.3 For ease of reference, the procedure is explained below: 4.1.4 At the port of exit in India: (i) The CTD shall be filed in quintuplicate by the consignor of the goods, the carrier or their authorised agent with the Customs at the port of exit in India along with the invoice and bond. (ii) The customs officer will approve the CT D, accept the bond and ensure that the cargo is sealed securely with a customs one-time-lock. (iii) The customs officer shall endorse all copies of the CT D with the one-time-lock number, retain the quintuplicate copy and hand over the remaining copies to consignor of the goods, the carrier or their authorised agent. 4.1.7 At present, the CT D will be filed manually both in India and Bangladesh, however, the necessary processes for electronic filing of the CTD are being worked upon, Upon development of electronic filing facility, the manual copies shall be dispensed, Il may be noted that the SOP also....
X X X X Extracts X X X X
X X X X Extracts X X X X
....of exit in India: (a) The CTD shall be filed in duplicate (two copies) by the consignor of the goods, the carrier or their authorised agent with the Customs at the port of exit in India along with the invoice and bond. (b) The customs officer will approve the CTD, accept the bond and ensure that the cargo is sealed securely with a cust01ns one-time-lock and endorse the CTD with the one- time-lock number. (c) The customs officer at the port of exit in India shall endorse both copies of the CTD. retain one copy and hand over the other copy to the consignor of the goods, the carrier or their authorised agent. (ii) at the port of re-entry into India: (a) The proper officer at the customs station of re-entry will check the intactness of the customs one-time-lock, affixed at the customs station of exit and if the' seal is found intact. he shall endorse the C TD and allow clearance of the goods; (b) In case the customs one-time-lock affixed at the customs station of exit is not found intact, the proper officer shall make due verification of the goods to check whether the goods ate in accordance with the CTD and upon being satisfied that there is no irregularity, he shall e....
X X X X Extracts X X X X
X X X X Extracts X X X X
.... the goods, the carrier or their authorised agent shall submit the four copies of the CTD duly authenticnted by the customs at the port of exit in India to the customs at the port of entry in Bangladesh along with the copy of Bill of lading. Invoice, Packing List and Customs Bond in non-judicial stamp paper. It may be mentioned here that the format of the Bond to be submitted to Bangladesh Customs is part of the SoP on PIWTT. Trade may be advised to submit the Bond to Bangladesh Customs in the format as per the SoP. Trade may also be advised to file the manifest and the CTD, as allowed by Bangladesh Customs, before the arrival of the goods so as to ensure expeditious evacuation of cargo from the port of entry in Bangladesh. The customs officer at the port of entry in Bangladesh may require the goods to be scanned and sealed with an electronic lock and seal as per Bangladesh Customs regulations before allowing, onward movement by road within Bangladesh. The customs officer at the port of entry in Bangladesh shall endorse all the copies of the CTD, retain the quadruplicate copy and hand over the remaining copies to the consignor of the goods, the carrier or their author....