Re-crediting Bond value in online running bond at destination Air Cargo Complex - Customs - F. No. 401/69/ 2016- Cus III

Instructions F. No. 401/69/ 2016- Cus III Government of India Ministry of Finance Department of Revenue Central Board of Excise and Customs North Block, New Delhi 22nd April, 2016 To, All Chief Commissioners of Customs / Customs (Preventive), All Chief Commissioners of Customs and Central Excise, All Commissioners of Customs / Customs (Preventive), All Commissioners of Customs and Central Excise. Sir /Madam, Subject: Re-crediting Bond value in online running bond at destination Air Cargo Complex -regarding. Attention is invited to the implementation of module for transshipment of Cargo from Air Cargo location to ICDs/ other Air Cargo Customs Stations which has been made available in Indian Customs EDI System (ICES) 1.5. 2. Representations have been received in the Board regarding problems faced in the debit and recredit of bond value for transshipped Cargo. 3 It has been brought to the notice that while moving bonded truck from one Air cargo complex to another air cargo complex, the bond value of the cargo is debited from the online running bond. However, upon completion of transshipment, there is delay in re-crediting the amount at the destination air cargo complex. 4. All Chief Commissioners may ensure that the re-crediting of bond is done without any delay at destination Air Cargo Complexes. Yours faithfully, (B. Konthoujam) Under Secretary(Cus.III)