TaxTMI 
TaxTMI 
Procedure to be followed in cases of manufacturing or other operations undertaken in Special warehouses under section 65 of the Customs Act
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....turing and other operations in a special warehouse licensed under Section 58A of the Customs Act, 1962, with regard to warehoused goods specified in clause (1) of Notification No. 66/2016-Customs (N.T) dated 14th May, 2020 (herein after referred to as, "specified goods"). 2. Further attention is also invited to the CBIC Circular No.36/2020-Customs, dated the 17th August, 2020 on Procedure to be followed in cases of manufacturing or other operations undertaken in Special Warehouses under Section 65 of the Customs Act, 1962 (hereinafter referred to as the "Act"). 3. MOOSWR, 2020 and this Public Notice will cover the procedures and documentation for a section 58A warehouse, operating under Section 65 of the Act, in a comprehensive manner including application for seeking permission under section 65, provision of execution of the bond and security by the licensee, receipt, storage and removal of goods, maintenance of accounts, conduct of audit etc. 4. Further, the Special Warehouse (Custody and Handling of goods) Regulations, 2016, which were hitherto governing the procedure for custody and handling of goods deposited in and removed from a Special Warehouse have been amended, ....
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....goods. 8. To the extent that the resultant product manufactured or worked upon in a bonded warehouse is exported, the licensee shall have to file a shipping bill and pay any amounts due. A GST invoice shall also be issued for such removal. In such a case, no duty is required to be paid in respect of the imported goods contained in the resultant product as per the provisions of section 69 of the Act. 9. To the extent that the resultant product (whether emerging out of manufacturing or other operations in the warehouse) is cleared for domestic consumption, such a transaction 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 to the domestic tariff area 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....
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....s) and there is a provision of accessing the same by customs officers. The Principal Commissioner/Commissioners should take into consideration the facilities, equipment and personnel put in place for secure storage of goods, while considering grant of license. Further, office space for bond officer and sufficient space for customs officer for carrying out examination at the time of arrival or removal of goods have to be provided. 13. As per Regulation 4(2)(i) of MOOWSR 2020, a licensee is required to maintain accounts of receipt and removal of goods in digital form in such format as may be specified and furnish the same to the bond officer on monthly basis digitally. This information shall be communicated from the registered email address of a licensee to the designation based official email id accessed by the bond officer. Appointment of any new warehouse keeper should also be intimated along with the monthly returns. Jurisdictional Commissionerate should ensure that such emails are functional and details of same are communicated at the time of issuance of license and also published through public notice. 14. As per Regulation 18(3), the records should be maintained electron....
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....iness (Tick as applicable and attach copy) (i) (ii) (iii) (iv) (v) Proprietorship Partnership Limited Liability Partnership Registered Public Limited Company Registered Private Limited Company (vi) Registered Trust (vii) 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. 6. Registered office: Address: Tel: Fax: E-mail: 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: (Please attach 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). Document 2 Part II (to be filled by the applicant) 1. Addres....
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.... EXISTING OR PROPOSED: (i) Burglar Alarm System: (ii) (iii) (iv) CCTV Facility: a. Is there a CCTV monitoring system installed to cover the surrounding area of the site and storage area? b. Please indicate the no. of cameras installed: c. No. of hours/days of recording accessible 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. Software which will be used in terms of Regulation 18(3): علم Document 4 11. DECLARATION: I/We declare that: 1. I/We are a registered or incorporated entity in India. 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 Fin....
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....sue of license as a warehouse along with permission for manufacture or other operations? Signature: Name: Designation: Date: Document 6Traceback (most recent call last): File "C:\inetpub\vhosts\taxmanagementindia.com\httpdocs\python_image_text_project\google\direct_extract_text.py", line 19, in from google_doc_api import process_single_document File "C:\inetpub\vhosts\taxmanagementindia.com\httpdocs\python_image_text_project\google\google_doc_api.py", line 345 elif mime_type in ["image/gif"]: IndentationError: expected an indented block after 'if' statement on line 341 Document 7 Part V (For use by Customs only) (Details of commencement of manufacture or other operations in the Warehouse) 1. Date of verification visit to certify commencement of manufacture or other operations in the Warehouse: 2. Name of the officials who visited the premises: 3. VERIFICATION REPORT: (i) I have verified that the unit has commenced manufacture or other operations. (ii) I have verified that records are being maintained by the licensee as prescribed under Annexure B of Circular 36/2020-Customs dated 17th August, 2020. Signature: Name:....
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....mp. BCD IGST 43 44 45 46 47 48 cess 49 50 51 52 53 54 55 cess 56 IMPORTED GOODS CLEARED AS SUCH Imported goods cleared as such for home consumption Imported goods exported as such Bill of entry No. and date Description of goods 57 58 Quantity with UQC 59 Assessable value 60 Duty paid BCD IGST 61 62 Comp. Shipping Bill No. and date cess 63 64 Description of goods 65 Quantity with UQC Assessable Value Duty involved BCD IGST Comp. cess 66 67 68 69 70 TREATMENT OF WASTE OR REFUSE ARISING OUT OF MANUFACTURE OR OTHER OPERATIONS WHERE THE RESULTANT PRODUCT IS Quantity of waste or refuse destroyed EXPORTED Duty paid on waste or refuse Duty to be remitted on the quantity of warehoused goods contained in so much of the waste or refuse (destroyed or cleared as such) Descri ption of Quantity Assessab with UQC Duty involved le value BC IGS D T Com p. Descripti on of goods Details of Duty paid Quanti ty with UQC valu Descripti Com e n n....