9911796707
TMI BlogPROCEDURE TO BE FOLLOWED IN RE-EXPORT OF IMPORTED GOODS UNDER SECTION 69 OF THE CUSTOMS ACT, 1962-REG.X X X X Extracts X X X X X X X X Extracts X X X X ..... 9 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 ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... 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, ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ----- 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 a ..... X X X X Extracts X X X X X X X X Extracts X X X X
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