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TMI BlogProcedure regarding filing of ex-bond bill of entryX X X X Extracts X X X X X X X X Extracts X X X X ..... 016 Subject:-Procedure regarding filing of ex-bond bill of entry - reg. Attention of all the Importers, Customs Brokers and the members of the Trade is invited to the Board's Circular No.22/2016 Customs, dated 31.05.2016 on the above mentioned subject. 1. Section 68 of the Customs Act, 1962 requires the filing of a bill of entry (ex-bond bill of entr ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... or owner of the goods shall produce a copy of the assessed exbond bill of entry with the order for clearance of goods for home consumption given by the proper officer, to the jurisdictional bond officer assigned to the warehouse, for permitting clearance of the warehoused goods. Upon the importer or owner producing the ex-bond bill of entry for home consumption, the bond officer shall: .- ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... consultation with the customs station of import. 5. The Board has already issued a Circular providing that the bonds to be executed by the importer while filing a Bill of Entry for warehousing shall be executed at the customs station of import itself. Furthermore, with the imminent introduction of the system of providing a warehouse code at the into-bond bill of entry stage (Board C ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... his shall also address the issue pointed out by the C AG (Report No. 12 of 2014) regarding goods lying in warehouses beyond the permitted period of warehousing. With the introduction of EOI based monitoring, the systems managers at the customs stations will be able to identify Bills of Entry where the initial period of warehousing is near expiry for initiating necessary action. 6. Al ..... X X X X Extracts X X X X X X X X Extracts X X X X
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