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TMI Blogtime limit for keeping raw material in bonded ware houseX X X X Extracts X X X X X X X X Extracts X X X X ..... Sir, please let us know what is the time limit for keeping the Raw materials in bonded warehouse (EOU). I understand it was 3 years from the date of bonding. Recently it is amended without any time limit. please clarify. thanks. Saravanan. - Reply By surya narayana - The Reply = Dear Mr. Saravanan, As per the present provisions, the Time limit is 5 years which is valid based on the LOP. ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... Best Regards Suryanarayana - Reply By KASTURI SETHI - The Reply = Sh.Surya Narayana Ji, Sir, I want to know under which Rule/Provision keeping raw material for 5 years in bonded warehouse. Just for my knowledge please. Thanks Regards. Kasturi sethi - Reply By surya narayana - The Repl ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... y = Dear Kasturi Sethi Ji, Now the period of keeping the materials in warehouse is made co terminus with the LOP period. You please refer the EOU Schem and the latest provisions. Government relaxed the earlier provisions considering applying for extension permissions time and again being time taking and cumbersome . Best Regards Suryanarayana - Reply By KASTURI SETHI - The Reply = Sh.Surya ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... Narayana Ji, Thank you, Sir. - Reply By Ganeshan Kalyani - The Reply = Thanks Sri Surya ji and Sri Kasturi Sir for enriching my knowledge. Thanks. - time limit for keeping raw material in bonded ware house - Query Started By: - saravanan rengachary Dated:- 6-5-2016 Central Excise - Got 5 Replies - Central Excise - Discussion Forum - Knowledge Sharing, reply post by a ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... n expert, personal opinion Tax Management India - taxmanagementindia - taxmanagement - taxmanagementindia.com - TMI - TaxTMI - TMITax ..... X X X X Extracts X X X X X X X X Extracts X X X X
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