Prescribing the manner of application and procedure to be followed under Section 65 of the Customs Act, 1962

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..... NAI-600 001. F.No.S.Misc. 240/2019- (Bonds-sea) Date : 29.07.2019 PUBLIC NOTICE NO. 56/2019 Sub: Prescribing the manner of application and procedure to be followed under Section 65 of the Customs Act, 1962 - Reg. Kind attention is invited to all stakeholders to the circular 38/2018 Customs dated 18.10.2018, issued under F. .....

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..... o avoid duplication in the process of approvals. 3. The licensees manufacturing or carrying out other operations in a bonded warehouse shall be required to maintain records as per the form prescribed under this Circular (Annexure B), which combines data elements required under bed Manufacture and Other Operations in Warehouse Regulations, t 966 (MOOWR, 1966) and Warehouse (Custody .....

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..... y payment required only when the imported goods or the resultant goods are cleared to domestic tariff area (DTA). 10. No limit on export or domestic clearance. 11. No mandatory minimum NFE threshold or export obligation. 12. A single digitalised account has been prescribed for encouraging compliance and regulatory consistency. (RAJAN CHAUDHAR .....

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