Custom
TRT-2025-
Date:-19-09-23
In:-
Issue Favourable to Tax Payer ?:-
Circular No. 22/2023-Customs dated 19th September 2023
Key Pointers –
- A format for ex-bond SB has been developed on ICES for processing of export of warehoused goods from a bonded warehouse.
- The exporters are required to declare the warehouse code with details as specified in the fromat. Once the above details are provided, the exporter need to enter item-wise details of bill of entry.
- Goods lying in only one warehouse can be exported in a single shipping bill and separate shipping bills are required to be filed for export of bonded cargo from more than one warehouse. In ex-bond SB, for each 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.
- Once SB is filed, after successful verification, the system would debit the quantity exported in the ledger from the quantity imported. In case of cancellation of SB or purging of SB, the quantity would be re-credited automatically.
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