TaxTMI 
TaxTMI 
Allowing Implementation of Ex-Bond Shipping Bill in ICES 1.5 -Reg.
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....1261 /E-Mail: [email protected] Date : 31-01-2024 PUBLIC NOTICE - 04 / 2024 - Customs Sub : Allowing Implementation of Ex-Bond Shipping Bill in ICES 1.5 -Reg. **** The attention of Importers, Customs Brokers, Warehouse licensees, members of the trade and all other stakeholders are invited to the Circular No.22/2023-Customs dated 19th September 2023 issued by the CBIC regarding Imp....
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....bond shipping bill (SB) in the System to cover export of warehoused goods. Due to this, the ledger of warehoused goods was not complete as all transactions of removal of cargo were not captured. 2. Now, a format for ex-bond SB has been developed on ICES for processing of export of warehoused goods from a bonded warehouse. The design and workflow are as follows: (i) While filing an ex-b....
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....ate shipping bills are required to be filed for export of bonded cargo from more than one warehouse. (iv) In ex-bond SB, for each item, details of into-bond BE i.e. BE No. and date, invoice no., sl. no. etc., shall be mandatory. For each item, only one into-bond BE can be captured. For example, if fifty units of the same item were warehoused under five different into-bond BE (ten units un....
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...., and not for other goods. It is also not meant for the export of goods resulting from manufacturing or other operations under section 65 in a bonded warehouse. However, if the goods imported in a warehouse where permission has been granted under section 65, are exported as such then the above mentioned ex-bond SB can be filed. 2.2 No incentive such as Drawback, RoDTEP/ RoSCTL benefit, advance ....