CBIC notifies Implementation of Ex-Bond Shipping Bill in ICES 1.5

The Central Board of Indirect Taxes and Customs(CBIC) has notified Implementation of Ex-Bond Shipping Bill in ICES 1.5 via issuing Circular.

Reference is drawn to Sections 68 and 69 of the Customs Act, 1962 which deal with clearance of warehoused goods for home consumption and for export respectively. A bill of entry (BE) format for home consumption clearance of such goods is already available in the ICES. Such ex-bond BE is linked in the System with the original warehousing (into-bond) BE through which these goods were warehoused at the time of import into India.

The System did not yet have an ex-bond shipping bill (SB) format to cover export of goods stored in warehouses. Because not all transactions involving the removal of cargo were recorded, the ledger for goods that were stored in warehouses was incomplete.

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 table, with following details, which will depict that it is a re-export case:

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The warehouse from which the goods are to be exported is indicated by this warehouse code. It might or might not be the warehouse where the items were kept when they were first imported.

(ii) Once the above details are provided, in the next screen item-wise details of bill of entry (BE_Site, BE_No, BE_Date, BE_Inv_SrNo, BE_Item no) will have to be entered.

(iii) In one shipping bill, only one warehouse code can be captured which means that 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.

(iv) 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. 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 items. Hence, the SB format will allow export of items imported under more than one into-bond BE under one ex-bond SB to address the requests of the trade that goods imported separately may be cleared under one document.

(v) 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. Any amendment in the SB quantity has also been linked with the ledger quantity so as to update the ledger accordingly.

This type of shipping bill is only valid for the export of warehoused goods and cannot be used for other purposes. It is also not intended for the export of goods resulting from manufacturing or other operations in a bonded warehouse under Section 65. However, if the goods imported in a warehouse where permission has been granted under section 65 are exported as such, the ex-bond SB mentioned above can be filed.

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.

For Official Circular Download PDF Given Below: