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Bonding and Debonding

kasirajan (Manager) (29 Points)

24 May 2011

Dear all

Could you please help me with definitions, procedures, benefits of Bonding and Debonding. A process flowchart will be of great help to understand better.

What are the benefits and process of storing cargo at customer warehouse and customs bonded warehouse?

Could you please help me on the above.

Regards

Kasi

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5 Replies

RAMESH KUMAR VERMA ( CS PURSUING ) (43853 Points)
Replied 24 May 2011

for more information links are :-

https://www.eouindia.gov.in/epces_cieculars/epces_cir_07_05.pdf

https://www.csez.com/eou/html/h0400how.htm

https://hyderabadcustoms.ap.nic.in/customs/asp/EOU.asp

Broad conditions governing debonding of EOU/EPZ/EHTP/STP units are indicated at Appendix 16-C.
To facilitate resource building in educational and medical institutions, electronics units under the EOU/EPZ/EHTP/STP scheme would be allowed by Assistant Commissioner of Customs/Central Excise concerned to donate imported/indigenously procured computer and computer peripherals, including printer, plotter, scanner, monitor, key-board and storage units without payment of duty, two years after their import/procurement and use by the units, to recognised non-commercial educational institutions, registered charitable hospitals, public libraries, public funded research and development establishments, organisations of the Government of India or Government of a State or Union Territory as per Custom/ Central Excise notification issued in this regard.

for more info:-

https://www.ieport.com/Cus2004/Cir/cir08.htm

https://exim.indiamart.com/indian-exim-policy/handbook-procedures1-export-oriented.html