Manufacture in bond

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....Manufacture and Other Operations in Warehouse Regulations, 1966". The mandatory warehousing has now been done away with w.e.f. 29.07.2016 and EOUs are required to follow the procedure prescribed under Rule 5 of the Customs (Import of Goods at Concessional Rate of Duty) Rules, 2017 for which Notification no. 52/2003-Customs dated 31st March, 2003 has been amended by Notification No. 59/2017-Customs....

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....h transaction in the records prescribed by the Board/Commissioners or their private records approved by the Commissioner. [Refer Circular No. 88/98-Cus, dated 2-12-1998] 9.2 Exports by EOUs are allowed on self-sealing and self-certification basis. [Refer Circular No. 12/2005-Cus dated 4.3.2005] 9.3 The EOUs were allowed self-bonding/self-warehousing without the requirement of physical verifica....