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TMI BlogBONDED MANUFACTURING UNITX X X X Extracts X X X X X X X X Extracts X X X X ..... Can a unit setup as Bonded Manufacturing Unit, do jow work activity ? - Reply By KASTURI SETHI - The Reply = Is the manufacturing unit EOU ? - Reply By Vinaykumar Jhawar - The Reply = SIR IT IS BONDED MANUFACTURING UNIT - Reply By Mahir S - The Reply = Vinaykumar ji, Please study Manufacture and Other Operations in Warehouse (no. 2) Regulations, 2019 . Notification 69/2019-Customs (N.T. ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ) dated the 1st October, 2019 and Board Circular No.34/2019 - Customs dated 01.10.2019 and try to locate your answer. If any issue, then do let us know. - Reply By YAGAY andSUN - The Reply = In addition to above reply, you may find following link useful to understand it in a better manner. https://www.pwc.in/assets/pdfs/trs/indirect-tax/customs-bonded-warehouse.pdf - Reply By KASTURI ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... SETHI - The Reply = After in agreement with the replies given by the experts, I further opine that bonded manufacturing unit is allowed to act as bonded warehouse. So in terms of Section 65 (1) of Customs Act, 1962 , the owner of bonded manufacturing unit/bonded warehouse is required to obtain permission from the Principal Commissioner of Customs or Commissioner of Customs to carry out job ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... work activity. In my opinion, job-work activity is covered under the phrase, Other Operations mentioned in Section 65 (1) of the Customs Act . - Reply By Vinaykumar Jhawar - The Reply = https://www.linkedin.com/pulse/bonded-manufacturing-newly-improvised-scheme-boost-make-divay-pranav Sir, please go through the article whereby in figure II, they have stated that service operations are not ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... allowed in Bonded Manufacturing Unit. - Reply By Vinaykumar Jhawar - The Reply = Dear Mihirji, I have went through the provisions, but it is not clear whether job work is allowed in the area. - Reply By KASTURI SETHI - The Reply = Bonded manufacturing is allowed to work as bonded warehouse. Bonded warehouse can undertake manufacturing activity with permission from the Principal Commissioner o ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... r Commissioner Customs. If you take the permission for job work from the competent authority there will be no objection or risk. Also go through para 6.14(b) of FTP . 'Other Operations' can cover it. Any article is opinion of author. It is my views. - Reply By YAGAY andSUN - The Reply = Job work related operations are also allowed. - BONDED MANUFACTURING UNIT - Query Started By: - ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... Vinaykumar Jhawar Dated:- 22-7-2020 Customs - Import - Export - Customs - SEZ - Got 9 Replies - Customs - Discussion Forum - Knowledge Sharing, reply post by an 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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