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Allowing Implementation of Ex-Bond Shipping Bill in ICES 1.5 -Reg.

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..... -2024 PUBLIC NOTICE - 04 / 2024 Customs Sub : Allowing Implementation of Ex-Bond Shipping Bill in ICES 1.5 -Reg. **** The attention of Importers, Customs Brokers, Warehouse licensees, members of the trade and all other stakeholders are invited to the Circular No.22/2023-Customs dated 19th September 2023 issued by the CBIC regarding Implementation of Ex-Bond Shipping Bill in ICES 1.5. Also attentio .....

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..... oods. Due to this, the ledger of warehoused goods was not complete as all transactions of removal of cargo were not captured. 2. Now, a format for ex-bond SB has been developed on ICES for processing of export of warehoused goods from a bonded warehouse. The design and workflow are as follows: (i) While filing an ex-bond SB, the exporter needs to declare the warehouse code in the single window tab .....

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..... ach item, details of into-bond BE i.e. BE No. and date, invoice no., sl. no. etc., shall be mandatory. For each item, only one into-bond BE can be captured. For example, if fifty units of the same item were warehoused under five different into-bond BE (ten units under each into-bond BE) and now the exporter wants to export these fifty items, he will have to declare these goods as five different it .....

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..... ed warehouse. However, if the goods imported in a warehouse where permission has been granted under section 65, are exported as such then the above mentioned ex-bond SB can be filed. 2.2 No incentive such as Drawback, RoDTEP/ RoSCTL benefit, advance authorisation/ EPCG etc. shall be available for such cargo and the SB would be a free SB. 3. In the above referred Advisory No: 18/2023 dated 19-09-20 .....

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..... urther refer to the said circular/advisory for further details about the design workflow and also the functionality in ICES 1.5 to file an ex bond Shipping Bill. 4. All trade associations/members of the Customs Brokers Association are requested to take note and publicize the contents of this Public Notice among their members/constituents. 5. Difficulty, if any, in this regard may be brought to the .....

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