CBIC rescinds the Circular regarding Warehousing – grant of in-bond manufacture facility under Customs Act, 1962

Feb 22, 2019 | by Avantis RegTech Legal Research Team


The Central Board of Indirect Taxes and Customs (CBIC) on February 20, 2019, has rescinded the Circular No. 132/95-Customs dated December 22, 1995 regarding Warehousing – grant of in-bond manufacture facility under Section 65 of the Customs Act, 1962.

However, CBIC vide its Circular No. 35/2016-Customs dated July 29, 2016, had already removed the mandatory warehousing requirements for EOUs, STPIs, EHTPs etc. Further, the said Circular clarified that all these units will stands delicensed as warehouses under Customs Act, 1962, with effect from August 13, 2016. Therefore, Section 65 of the Customs Act is no longer applicable to EOUs, STPIs, EHTPs etc. In view of above, the Circular -132/95-Customs dated December 22, 1995, has been rescinded to avoid any misrepresentation.

[Circular No. 06/2019-Customs]

URL: http://www.cbic.gov.in/resources//htdocs-cbec/customs/cs-circulars/cs-circulars-2019/Circular-06-2019-Customs.pdf;jsessionid=2A4EB679FE4D50E5F72AC5DED81413F8


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