PROCEDURE TO BE FOLLOWED IN RE-EXPORT OF IMPORTED GOODS UNDER SECTION 69 OF THE CUSTOMS ACT, 1962-REG. - Customs - 07/2015

OFFICE OF THE COMMISSIONER OF CUSTOMS NEW CUSTOM HOUSE, PANAMBUR, MANGALORE-10 Ph No. 0824-2400437; Fax No. 0824-2400437/ 2406057; S-03/08/2015-Bonds Date : 16.03.2015 PUBLIC NOTICE NO. 07/2015 SUBJECT: PROCEDURE TO BE FOLLOWED IN RE-EXPORT OF IMPORTED GOODS UNDER SECTION 69 OF THE CUSTOMS ACT, 1962-REG. As the trade has requested clarification regarding the procedure of export of warehoused goods under section 69 of the Customs Act, 1962 , the following new procedure is prescribed for export of warehoused goods as envisaged under Sec 69 of the Customs Act, 1962 . 1. The bonder-exporter shall submit an application, in prescribed format for export under section 69 of the Customs Act, 1962 , to the AC/DC Bond Section, under whose jurisdiction, the warehoused goods are lying. The format in which such application shall be given is mentioned at Annexure A, wherein all required information like bond number, description of goods etc are to be mentioned. The AC/DC (Bond) may, after causing verification of physical availability of the said goods in the bonded warehouse, allow export of the said goods subject to the following conditions: (i) On re-export, the exporter realizes full foreign exchange spent on import in freely convertible foreign currency, if the goods were imported on payment in freely convertible foreign currency; and (ii) The import in the first instance was not-unauthorized or in contravention of the Foreign Trade Policy (FTP). (iii) After, the grant of permission for re-export, the Inspector of the bond section will make a provisional entry in the bond register regarding intended export u/s 69 by the party. The permission so obtained by the party for export under Section 69 of the Customs Act, 1962 , will be sent to the concerned AC/DC Export (loading port) and a copy of the permission will be endorsed to the Bond officer posted at the warehouse wherein goods are deposited. Format of the letter in which such permission is granted is mentioned at Annexure B, which will be handed over to the representative of the Bonder-Exporter in sealed cover. 2. After obtaining the permission for export the party shall submit the permission letter to the AC/DC (Export) wherefrom, export will be affected, in prescribed format (Annexure C) along with required documents and simultaneously the party will file the Shipping Bill. The Shipping Bill (Manual / EDI as per the practice followed) will be generated in the concerned Export Commissionerate i.e. (port of loading). The party shall submit the file including the Shipping Bill and other relevant documents to the Assessing Officer of the Export Commissionerate for the assessment of the goods, which are to be exported. 3. After assessment of the Shipping Bill, the AC/DC Export shall inform the concerned Bond Superintendent for removal of the goods. Thereafter, the party shall approach the concerned warehouse/bonds customs officer along with shipping bill and other relevant documents. The bond officer will verify the documents i.e. permission to re-export and S/Bill number, forwarded by the Import bond section and the export section wherefrom bonded goods are to be exported and make the entries in the bond register maintained at the Bonded W/H. He / She will enter the Shipping Bill number and quantity of the warehoused goods to be exported in the prescribed column. Then the bond officer will allow the movement of goods either under preventive supervision or under punch seal to concerned Customs House, as per the requirement of the party. 4. After the receipt of the goods at export port, the Examining Officer (E.O.) will examine the goods as per norms and accordingly Let Export Order (LEO) will be given. After order of the clearance of the goods, final Shipping Bill along with the relevant documents generated shall be submitted to bond section for cancellation of bond as discharged in full or debit of part exported quantity in the Bond Register. 5. The same procedure will be adopted immaterial of the fact whether the said export is effected from the same Custom House or from some other Custom House. 6. The aforesaid procedure shall come into force with immediate effect and shall be followed by members of trade. 7. Any difficulty noticed in the implementation of this order may be brought to the notice of the undersigned. (D.PURUSHOTHAM) COMMISSIONER ANNEXURE A To The AC/DC Import Bond Section NCH, Panambur Manguluru. Sir, Sub: Permission to export of warehoused goods under section 69 of the Customs Act, 1962 - reg. Kindly refer to the above mentioned subject. In this connection, it is informed that our company / firm has imported the goods under Warehouse Bill of Entry No.--------- dated--------.The goods have been deposited in the bonded public/private warehouse (name of the warehouse) on execution of Bond No.------------dated-------- The bond is valid upto -----------. The description of goods is as ---------------- quantity------------------- and valued at Rs. -----------. Our company/firm has got an export order from M/s.------------- dated Therefore, NOC for export under section 69 of the Customs Act, 1962 may be granted. Yours faithfully, (Authorized Signatory) M/s ------------------------- Encl: 1. Copy Export Order ANNEXURE B OFFICE OF THE COMMISSIONER OF CUSTOMS, NEW CUSTOM HOUSE, PANAMBUR, MANGALORE: 575 010 F. No. Date: To The AC/DC (Export) Sir, Sub: Export oF warehoused goods bearing Bond No dated under section 69 of the Customs Act, 1962 - reg. Kindly refer to the above mentioned subject. In this connection, it is informed that Bonder / Exporter has submitted an application for export of warehoused goods bearing bond no---------dated-----------lying at----------------(name of the warehouse), --------------------(description of goods) and quantity ----------- valued at Rs. ------- against the export order bearing No.----------------dated----------------. NOC for export has been granted after compliance with the prescribed norms. In view of the above, you are requested to kindly allow the said bonder - exporter for filing of the Shipping Bill for the export of warehoused goods, as per laid down norms. After completion of the export formalities, you are requested to send the final shipping Bill along with the relevant documents for cancellation of bond. Yours faithfully, AC/DC(B) Copy to: 1. Bond officer ANNEXURE C To The AC/DC Export NCH Mangalore Sir, Sub: Permission to export of warehoused goods under section 69 of the Customs Act, 1962 - reg. Kindly refer to the above mentioned subject. Our company / firm has applied to the AC/DC Bond for NOC for export Under section 69 of the Customs Act, 1962 and same has been granted. Therefore, you are requested to allow me to file the Shipping Bill for the export of goods------------(description of goods)--------------( quantity )---------------- value--------------at Rs. -------------destined to -------------. The subject goods will be removed from warehouse (name of the warehouse). Yours faithfully, (Authorized Signatory) M/s Encl: 1. Copy of Export Order 2. Export Invoice 3. Packing List