Standard operating procedures for discharge of bonds executed by nominated agencies/ banks under Notification no. 57/2000-Customs dated 08.05.2000 - Customs - PUBLIC NOTICE NO. 81/2018

OFFICE OF THE CHIEF COMMISSIONER OF CUSTOMS, (IMPORT) MUMBAI ZONE - III, PRO CELL, AIR CARGO COMPLEX, SAHAR, ANDHERI(EAST), MUMBAI-400099. F. No. S/3-MISC-PRO-13/2018-19/ACC(I) Date:-07.09.2018 PUBLIC NOTICE NO. 81/2018 SUB: Standard operating procedures for discharge of bonds executed by nominated agencies/ banks under Notification no. 57/2000-Customs dated 08.05.2000-reg. Attention of all Importers, Customs Brokers, Members of the Trade Industry Associations, Customs Officers and others is invited towards Board's Circular No. 25/2018-Customs dated 8th August, 2018 issued vide F. No. DGEP/G J/22/2018 as per which revised standard operating period has been laid down for the expeditious release of bonds executed by the nominated agencies/ banks under Notification No.57/2000-Customs dated 08 05.2000, while importing gold for the purpose of export of gold jewellery/ articles: (i) Nominated agencies/ banks would electronically provide the prescribed documents as proof of exports as provided under Para 4.68 of Handbook of Procedures of the Foreign Trade Policy, (2015-20) (FTP) within the time period prescribed in the FTP. These documents are (i) EP copy of Shipping Bill, (ii) Customs attested invoice, (iii) Bank certificate of realization/ eBRC. (ii) The prescribed documents would be submitted electronically by the nominated agencies/ banks to the Assistant/ Deputy Commissioner of Customs using dedicated e-mail ([email protected]) for this purpose. (iii) The concerned officer i.e. Assistant/ Deputy Commissioner of Customs would issue an electronic acknowledgement immediately within 24 hours of receipt of the documents. (iv) If the submitted documents are found to be incomplete or additional documents are required, a deficiency memo would be issued to the nominated agency/ banks for submission of missing/ additional documents within 5 days of receipt of the documents. (v) The additional documents, other than the prescribed documents, would be requisitioned only with the prior approval of the Additional Commissioner of Customs concerned. (vi) Nominated agencies/ banks would electronically provide the deficient/ additional documents so required within 7 days of the receipt of the deficiency memo. (vii) Within 7 days of the receipt of the prescribed documents or the receipt of the deficient/ additional documents, as the case may be, the Assistant/ Deputy Commissioner of Customs would confirm the fact of export. This can also be done by viewing the relevant documents on the ICES application of Directorate General of Systems (invoices would be available thereon once e-Sanchit is rolled out on the export side). (viii) Assistant/ Deputy Commissioner would discharge the bond of nominated agency/ banks within 7 days of confirmation of the export. 2. Difficulties, if any, faced in the implementation of this Public Notice may be brought to the notice of the undersigned. 3. Action to be taken in terms of decisions taken in this Public Notice should be considered as Standing Order for the purpose of officers and staff. (VINAYAK AZAAD) COMMISSIONER OF CUSTOMS (IMPORT) AIR CARGO COMPLEX, MUMBAI