Customs Bonding - Central Excise Practice Manual (OLD) - Central Excise

Customs Bonding EOUs have to operate under Customs Bond as per the conditions stipulated under the FTP corresponding Customs/ Central Excise exemption notification and follow the procedure prescribed. For issuance of Customs Private Bonded Warehousing Licence, application accompanied by following information/document may be made to the jurisdictional Assistant Commissioner /Deputy Commissioner of Central Excise:- (1) Copy of notification declaring the place, where EOU is planned to be located, as a Warehousing station under Section 9 of Customs Act, 1962 . (2) Copy of LOP issued by the DC and copy of Letter of Undertaking (LUT) executed. (3) Details of premises to be bonded including ground plan, title of Land/Building (in case of units engaged in aquaculture, horticulture and floriculture, granite quarrying, the physical bonding of the premises is not required). (4) Project report manufacturing process. (5) List of Raw material, consumables Capital Goods etc. (6) Undertaking that cost recovery other charges shall be paid. Further, the EOUs having inter-linkages with domestic economy through procurement or sale of goods in DTA are additionally required to obtain Central Excise registration from the jurisdictional office of Central Excise Department.