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TMI BlogClarifications regarding availment of exemption on temporary import of durable ContainersX X X X Extracts X X X X X X X X Extracts X X X X ..... o Board s Circular No. 51/2020 dated 20.11.2020 on the above mentioned subject. 2. Attention is also invited to Notification No.104/94-Cus., dated 16.03.1994 (as amended) which grants exemption to import of containers of durable nature, from the whole of the duty of customs and the whole of the integrated tax leviable. The exemption is subject to the condition that such containers are re-exported within 6 months from the date of importation and that the importer executes a bond and furnishes documentary evidence to the satisfaction of the Assistant Commissioner/Deputy Commissioner to safeguard the duty in the event of non-compliance. 3. A representation has been received in Board regarding the eligibility of the exemption ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ions in the notification. 5. The procedure to be followed for import and re-export of marine containers would continue to be governed by guidelines provided in Circular No. 31/2005-Cus., dated 25.07.2005. 6. For durable containers which do not conform to the standard marine container dimensions, but which are intended for temporary import and eventual re-export, the procedure to be is followed is given below:- a) When empty containers are imported into India -The empty containers shall be required to be declared as an item in the bill of entry filed under section 46 of the Customs Act, 1962. The containers would be eligible for exemption from all the applicable customs duties as per Notification No.104/94-Cus.,dat ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... different invoice as per commercial agreement) in addition to the export laden cargo under Section 50 of the Customs Act, 1962, for the goods meant for export. The stuffing of the export cargo at the airport or the exporter`s premises would not be relevant to Customs, as long as the Unique Identifier for the container is verifiable at any time of the export by Customs. The export cargo and the declaration in the shipping bill will be subjected to assessment and examination as per instructions in the Customs Automated System. e) Conditions of bond- A continuity re-export bond and security, if applicable at the port of import shall be required to be furnished by the importer for the durable containers that are temporarily imported. T ..... X X X X Extracts X X X X X X X X Extracts X X X X
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