Additional Documents for Warehousing of liquor to safeguard revenue

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....use Bills of Entry are required to execute triple duty bond in accordance with the provisions of Section 59 of the Customs Act, 1962, as amended. The importer, who has warehoused liquor, is clearing the goods either for home consumption by filing ex-bond bills of entry or through bond to bond transfer sale to other person. It is observed that in case of warehoused liquor, a person, not holding any state excise & VAT license, is purchasing liquor and selling to another person as Bond to Bond sale. Due to this practise, it has been observed that warehoused liquor imported under one Master Bill of Entry (MBE) have undergone multiple bond to bond transfer which has resulted in difficulty to monitor the validity of warehoused liquor and duty pay....

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....or through bond to bond sale, are liable to pay VAT or CST, as applicable. Hence, the person should have valid CST and VAT License. 5. Section 59(5) of the Customs Act, 1962, as amended, deals with the transfer of warehouse goods from one person to another i.e. Bond to Bond sale. The said provisions is reproduced below:- "Where the whole of the goods or any part thereof are transferred to another person, the transferee shall execute a bond in the manner specified in sub-section (1) of sub-section (2) and furnish security as specified under sub-section (3)". 6. From the above, it appears that the intention of the State law is to execise effective control over movement of liquor and to pay appropriate excise duty & VAT/CST. That for such ....

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....ds. (v). Having Brand Registration of liquor with State Excise department in a state. a) Brand registration certificate issued in name of buyer-importer in that state, and b) buyer-importer should have clean past bonding records i.e. should not have any outstanding expired B2B Bonds. (vi). Liquor to be stored in Customs Bonded Warehouse (CBWH) in State of Haryana for supply to L-IBF a) Registration certificate by Haryana Excise department for buyer-importer as per clause 9.5.12 of excise policy for relevant year, clearly specifying the name of buyer-importer and CBWH address in the state, and b) The letter of Brand Owner Importer (one who has filed that Master WBE at TKD) addressed to Pr. Commissioner of Customs, ICD(Import). TK....