Manufacture in Bond

Manufacture in Bond 20

This Module Includes

20.1 Introduction
20.2 Manufacture and other Operations in Warehouse
20.3 Manufacture in Bond
20.4 Licensing of Public, Private and Special Warehousing
20.5 Step by Step Approach to Start Manufacturing in Bond
20.6 Clearance of Warehoused Goods
20.7 Maintenance of records and filing monthly returns

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Manufacture in Bond
SLOB Mapped against the Module
1. To acquire adequate knowledge relating to valuation and duty calculation, remission and refund under
Customs Act and Rules.
2. To facilitate strategic decision making by appropriate management of various indirect tax issues.

Module Learning Objectives

After studying this module, the students will be able to:
~ Explain features of the Manufacture and other Operations in Bonded Warehouse
~ Understand step by step approach to start manufacturing in bond.
~ Explain how to clear goods from bonded warehouse

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Introduction 20.1

C
entral Board of Indirect Taxes and Customs has launched a revamped and streamlined program to
attract investments into India and strengthen Make in India through manufacture and other operations
under bond scheme, under Customs Act, 1962. Section 65 of the Customs Act, 1962 enables conduct of
manufacture and other operations in a customs bonded warehouse.
With the Government’s continuous efforts to promote India as the manufacturing hub globally and the commitment
towards ease of doing business, another initiative in this direction by the Central Board of Indirect Taxes (CBIC)
is allowing import of raw materials and capital goods without payment of duty for manufacturing and other
operations in a bonded manufacturing facility.
When the raw materials or capital goods are imported, the import duty on them is deferred with no interest
liability. If these imported inputs are utilised for exports after manufacture, the deferred duty is exempted.
Only when the finished goods are cleared to the domestic market, import duty is to be paid on the imported
raw materials used in the production or imported goods cleared in the domestic market (ex-bonding). Import duty
on capital goods is to be paid if and when the capital goods are cleared to the domestic market.

~ When finished goods are exported, in addition to the waiver of BCD + IGST on the imported goods used, the
GST on the finished goods can be zero-rated.

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Manufacture and other

20.2
Operations in Warehouse
Salient features of the Manufacture and other Operations in Warehouse:
(i) No geographical limitation on where such units can be set up. New manufacturing facility can be set up
or an existing facility can be converted into a bonded manufacturing facility irrespective of its location in
India.
(ii) A single application cum approval form for uniformity of practice with a single point of approval to set
up the operations of such units. Commissioner of Customs Acts as the single point of contract for all
approvals. Common application cum approval form for a license for private bonded facility and permission
for manufacturing and other operations.
(iii) Improved liquidity with deferment of import duty and no interest liability.
(iv) Allows procurement of GST compliant goods from the domestic market for use in manufacture and other
operations.
(v) A single digital account for ease of doing business and easy compliance. Maintain all records of
manufacturing and other operations digitally in a single format as per Annexure-B
(vi) Enables efficient capacity utilization, as there is no limit on quantum of clearances that can be exported
or cleared to the domestic market. It means an entity may manufacture in a bonded facility and sell up to
100% of the output in the domestic market.
(vii) Duty free transfer of goods allowed from one warehouse to another.
(viii) Capital goods and non-capital goods (namely raw materials, components, etc.) can remain warehoused
until clearance or consumption.

Who is eligible for applying for manufacture and other operations in a bonded warehouse:
The following persons are eligible to apply for manufacture and other operations in a bonded warehouse, -
(i) A person who has been granted a licence for a private warehouse under Section 58 of the Customs Act, in
accordance with Private Warehouse Licensing Regulations, 2016.
(ii) A person can also make a combined application for licence for a warehouse under Section 58, along with
permission for undertaking manufacturing or other operations in the warehouse under Section 65 of the
Act.
The persons mentioned have to be a citizen of India or an entity incorporated or registered in India.
There is no physical control of a unit licensed under Section 65 and Section 58 of the Customs Act, 1962, on a
day-to-day basis. The unit will be subject to risk-based audits.

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Manufacture in Bond 20.3

T
hrough bonded manufacturing, all types of businesses can avail exemption on customs
duty on imported inputs used in the production of finished goods to be exported. In the
case of domestic consumption, the duty on imported inputs is deferred until the finished
goods are cleared to the domestic market.

Example 1
M/s X Inc. a leading Japanese automobile manufacturer incorporated and intends to manufacture vehicles in
India. They file an application for licensing a facility near Nagpur, Maharashtra and imported inputs for production
like airbags, gearboxes, and capital goods. The duty on such imports is deferred, which provides additional capital
support to the manufacturer. The manufacturer exports 70% of the total produced vehicles and deferred duty on
that portion is waived while deferred Customs Duty and IGST are paid on the remaining 30% vehicles at the time
of their sale domestically across India. The manufacturer benefits from deferred duty on imported inputs and from
reduced production cost due to duty-free imports.

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Licensing of Public, Private

20.4
and Special Warehousing
Licensing of public warehousing:
Section 57 The Principal Commissioner of Customs or Commissioner of Customs may, subject to such conditions
as may be prescribed, license a public warehouse wherein dutiable goods may be deposited.
Licensing of private warehouses:
Section 58 the Principal Commissioner of Customs or Commissioner of Customs may, subject to such conditions
as may be prescribed, license a private warehouse wherein dutiable goods imported by or on behalf of the licensee
may be deposited.
Licensing of Special Warehousing:
Section 58A (1) The Principal Commissioner of Customs or Commissioner of Customs may, subject to such
conditions as may be prescribed, license a special warehouse wherein dutiable goods may be deposited, and such
warehouse shall be caused to be locked by the proper officer and no person shall enter the warehouse or remove
any goods therefrom without the permission of the proper officer.
At present, manufacture and other operations in a bonded warehouse is allowed only in a Private Bonded
Warehouse licensed under Section 58 of the Customs Act. Hence, manufacture and other operations in a Public
Bonded Warehouse licensed under section 57 and Special Warehouse licensed under section 58A(1) of the Customs
Act are not allowed.
Manufacture and other operations in relation to goods in a warehouse Section 65:
As per Section 65(1) of the Customs Act, 1962, with the permission of the Principal Commissioner of Customs
Commissioner of Customs and subject to such conditions and on payment of such fees as may be prescribed, the
owner of any warehoused goods may carry on any manufacturing process or other operations in the warehouse in
relation to such goods.
� Relevant date when goods are warehoused can be summarized hereunder.
S. No. Goods warehoused Relevant date Remarks
under Bond
(i) Rate of exchange At the time of submission of ‘into When goods are removed for home
bond’ bill of entry consumption
(ii) Rate of duty As on the date of submission of When goods are removed for home
sub-bill of entry consumption
(iii) Rate of duty The rate of duty prevails on the date When the goods are not removed from
on which the goods should have warehouse within the permissible period
been removed is to be considered and permission is also not obtained for the
extended period – Improper removal.

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Warehousing period: As per section 61 of the Customs Act, 1962 period of warehousing has been suggested in
the following lines:

Importer Normal warehousing period Remarks

Other than EOU One year From the date of issuing the order by Customs Officer
permitting deposit of goods in a warehouse.
EOU till the consumption or clearance of In the case of EOU units, the whole factory is treated as
such goods from warehouse – for a bonded warehouse.
inputs, spares and consumables till
the clearance of such goods from
warehouse –for capital goods
The period of 1 year can be extended by the Commissioner of Customs for further 6 months. However, for extending
it further, authorization of Chief Commissioner of Customs is required.
In the case of goods warehoused by other than EOU, if they are likely to deteriorate, the normal warehousing
period of one year may be reduced by the Commissioner of Customs to such shorter period as he may deem fit.

1 Applicability of interest on warehoused goods:

Applicability of interest on warehoused goods 14-5-2016:

Warehoused
goods

Assessee (other than Assessee –

EOU/EHTP/STP units EOU/EHTP/STP units

In case of inputs, In case of

Warehousing Warehousing
spares and Capital
periods ≤ 90 days periods > 90 days
consumables Goods

Interest
No interest Till their
@ 15% p.a. Till their clearance
is payable clearance
is payable

No interest is No interest is
payable payable

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Warehousing Bond Section 59:

An importer desirous of warehousing the goods without paying customs duty duties needs to execute an indemnity
bond to cover the risk to Government revenue. Importer is required to execute the bond for the goods in respect of
which an into-bond bill of entry has been presented and assessed to duty.
The bond can be executed in respect of a particular consignment called as Consignment Bond or it can be a
General Bond to cover the duty on goods to be imported by the person during a specified period.

Section 64 of the Customs Act, 1962, Owner’s right to deal with warehoused goods:
W.e.f. 14-5-2016 The owner of any warehoused goods may, after warehousing the same:
(a) inspect the goods;
(b) deal with their containers in such manner as may be necessary to prevent loss or deterioration or damage to
the goods;
(c) sort the goods; or
(d) show the goods for sale.
Note: Since physical control has been abolished, there is no need of obtaining sanction on payment of MOT
charges.

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Step by Step Approach to

20.5
Start Manufacturing in Bond
Step 1: Fill online application as per Annexure A along with the following details:
~ Nature of manufacturing
~ Particulars of imported inputs
~ Anticipated trade volume, etc.

Step 2: Execute a Bond:

(i) Execute a bond as per Annexure-C and submit a physical copy to your Jurisdictional Commissioner of
Customs.
(ii) Maintain detailed accounts as per Annexure B
Note: Before execution of a Bond, a Customs Officer visits the facility to evaluate the compliances in order to
issue the license.
(iii) Importer shall execute a bond binding himself in a sum equal to Thrice the amount of the duty assessed on
such goods to cover all duties and interest if any payable.

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Step 3: Grant of Sanction:

(i) Commissioner of Customs grants the permission for manufacturing or other operations in the bonded facility
(ii) Permission also includes:
~ Manufacturing process or other operations permitted
~ Conditions regarding manufacturing

Step 4: Approved:
Start manufacturing or other operations in a Bonded Warehouse.
Note:
(1) Annexure-A: The processes for availing the license for a private bonded facility (as per Section 58) and for
manufacturing or performing other operations (as per Section 65) are combined under single application as
per Annexure A.
(2) Annexure-B: Form to be maintained by a unit operating under section 65 of the Customs Act for the receipt,
processing and removal of goods.
(3) Annexure-C: General Bond (To be executed under sub-section (2) of Section 59 of the Customs Act, 1962
by a unit operating under section 65 of the Customs Act 1962).
Section 65 of the Customs Act, 1962 Manufacture and other operations in relation to goods in a warehouse:
With the permission of the Principal Commissioner of Customs or Commissioner of Customs and subject to
such conditions and subject to such conditions and on payment of such fees as may be prescribed, the owner of
any warehoused goods may carry on any manufacturing process or other operations in the warehouse in relation
to such goods.
The Indian Government has set its sights on turning India into a global manufacturing hub and achieving the
goals of “Make in India” and “Atma Nirbhar Bharat”. One such initiative was the introduction of the Manufacture
and Other Operations in Warehouse Regulations (‘MOOWR’) Scheme.
As per the amendment to Section 65 of the Customs Act, the owner of the warehoused goods can carry on such
manufacturing process or other operations subject to Section 65A of the Customs Act. However, Section 65A of
the Customs Act has been inserted to provide for payment of IGST and Compensation Cess while depositing the
goods in warehouse for carrying out manufacturing and other operations as per Section 65 of the Customs Act.

PAYMENT OF IGST AND COMPENSATION CESS ON GOODS STORED FOR MANUFACTURING

AND OTHER OPERATIONS IN WAREHOUSE:
Section 65 of the Customs Act permits the owner of any warehoused goods to carry on any manufacturing
process or other operations in the warehouse subject to the permission of the Principal Commissioner of Customs
or Commissioner of Customs. Currently, the Customs Act (ie., prior to the Finance Bill 2023 coming into force)
permits such manufacturing process or other operations in warehouse without payment of Duties of Customs which
include IGST and Compensation Cess.
As per Section 46 of the Customs Act, the importer has to file a Bill of Entry (BOE) for warehousing and
thereafter, to clear such goods for home consumption, the importer has to file BOE for home consumption. The
Custom Duties are payable only after the goods are cleared for home consumption from the warehouse.
As per the amendment to Section 65 of the Customs Act, the owner of the warehoused goods can carry on such
manufacturing process or other operations subject to Section 65A of the Customs Act. However, Section 65A
of the Customs Act has been inserted (w.e.f. 1st April 2023, Goods brought for operations in warehouse to have

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ordinarily paid certain taxes) to provide for payment of IGST and Compensation Cess while depositing the goods
in warehouse for carrying out manufacturing and other operations as per Section 65 of the Customs Act.
As per Section 65A(B)(i) of the Customs Act the importer will, after the Finance Bill 2023 comes into force,
need to file a BOE for home consumption (instead of a BOE for warehousing) even for the purpose of depositing
the goods in warehouse. Consequently, the importer, while filing such BOE for home consumption has to pay IGST
and Compensation Cess.
Further, the transfer of goods from one warehouse to another in terms of Section 67 of the Customs Act, will
only be permitted upon filing of a BOE for home consumption and on payment of IGST and Compensation Cess.
Section 65A of the Customs Act is applicable prospectively inasmuch as it will not be applicable to goods which
have already been deposited to the warehouse prior to notifying of Section 65A.
The Central Government has retained the power to exempt certain categories of goods, importers or exporters or
industry from the purview of Section 65A of the Customs Act.
Note: Finance Bill, 2023 has been passed by Parliament and became Finance Act, 2023 on 31-3-2023, after
receiving assent of President. Some changes have become effective from 1-4-2023. Provisions in respect of section
65A of Customs Act will be effective from date to be notified.
New section 65A of the Customs Act, 1962 have not become effective till 30th November 2023.

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Clearance of Warehoused
20.6
Goods
Clearance of
Warehoused Goods

To domestic market for To a customs station for To another bonded

home consumption export manufacturing facility

Clearance of warehoused goods to domestic market for home consumption:

Warehouse goods can be utilized for home consumption or sold out in the domestic market only if:
� a bill of entry for home consumption in respect of such goods has been presented in the prescribed form;
~ the import duty leviable on such goods and all penalties, rent, interest and other charges payable in respect
of such goods have been paid; and
~ an order for clearance of such goods for home consumption has been made by the proper officer

Clearance of warehoused goods for Export:

Warehouse goods can be exported to a place outside India without payment of import duty if:
~ a shipping bill or a bill of export has been presented in respect of such goods in the prescribed form;
~ the export duty, penalties, rent, interest and other charges payable in respect of such goods have been paid;
and
~ an order for clearance of such goods for exportation has been made by the proper officer

Clearance of warehoused goods to another bonded manufacturing facility:

When goods are transferred from one bonded facility to another, incidence to pay deferred duty is also transferred
to the owner of the new facility. The owner of any warehoused goods may, with the permission of the proper
officer, remove them from one warehouse to another, subject to such conditions as may be prescribed for the due
arrival of the warehoused goods at the warehouse to which removal is permitted.

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Conditions for Transportation and Receipt of Goods from another Warehouse:

1. Fill Form for Transfer of goods from a facility appended in Warehouse Goods (Removal) Regulations Act,
2016 to transport warehoused goods.
2. Licensee of the originating warehouse affixes a one-time-lock, unless permitted by the Commissioner of
Customs to transport without the lock, depending upon the nature of goods or the manner of transport.
This one-time-lock affixed on the load compartment of the means of transport carrying the goods to the
warehouse to be verified on receipt.
3. Produce ‘Acknowledgement’ received from the licensee of the recipient warehouse stating arrival of goods
to Bond Officer of the originating warehouse. The bond officer to be informed immediately if the one-time-
lock is not found intact and refuse the unloading of the goods.
4. Allow unloading, provided the one-time-lock is found intact and verify the quantity of goods received
5. Report any discrepancy in the quantity of the goods within twenty-four hours to the bond officer
6. Endorse the Form for transfer of goods from a warehouse with quantity received and retain a copy thereof
7. Acknowledge the receipt of the goods by endorsing the transportation document presented by the carrier of
the goods and retain a copy thereof

Clearances of Waste/Refused Goods:

As per Section 65(2) of the Customs Act, 1962, where in the course of any operation permissible in relation to
any warehoused goods under sub-section (1) of Section 65 there is any waste or refuse, the following provisions
shall apply:—
(a)  if the whole or any part of the goods resulting from such operations are exported, import duty shall be
remitted on the quantity of the warehoused goods contained in so much of the waste or refuse as has arisen
from the operations carried on in relation to the goods exported:
Provided that such waste or refuse is either destroyed or duty is paid on such waste or refuse as if it has been
imported into India in that form;
(b)  if the whole or any part of the goods resulting from such operations are cleared from the warehouse for home
consumption, import duty shall be charged on the quantity of the warehoused goods contained in so much
of the waste or refuse as has arisen from the operations carried on in relation to the goods cleared for home
consumption.

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Maintenance of records and

20.7
filing monthly returns
Licensees namely owner of warehoused goods need to maintain following records: -
(1) Maintain detailed records of receipt, handling, storing and removal of goods into/ from the facility as
per Annexure B.
(2) Keep record of each activity, operation or action taken in relation to the warehoused goods.
(3) Keep record of drawl of samples from the warehoused goods.
(4) Keep copies of the following documents:
a. Bills of Entry
b. Transport documents
c. Forms for transfer of goods from warehouse
d. Shipping Bills
e. Bills of Export
f. Any other documents indicating receipt/ removal of goods from the warehouse
(5) Preservation of physical and digital records - Update records and accounts accurately and preserve for a
minimum 5 years from the date of removal of goods from the facility.
(6) Preserve updated digital copies of records at a place other than the facility to prevent loss of records due to
natural calamities.
(7) Filing monthly returns within 10 days from the end of relevant month.

If licensees fail to comply with any of the provisions of these regulations, they shall be liable to pay penalty in
accordance with the provisions of the Customs Act, 1962.

Illustration 1
Can a unit undertaking manufacture and other operations in a bonded warehouse import inputs without payment
of duty? If yes, whether only BCD or both BCD and IGST on imports is covered? For how long is duty deferment
available? Is interest payable after some time?

Solution:
Manufacture and other operations in a bonded warehouse is a duty deferment scheme. Thus, both BCD and IGST
on imports stand deferred. In the case of goods other than capital goods, the import duties (both BCD and IGST)
stand deferred till they are cleared from the warehouse for home consumption, and no interest is payable on duty.
In case the finished goods are exported, the duty on the imported inputs (both BCD and IGST) stands remitted i.e.
they will not be payable. The duty deferment is without any time limitation.

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Illustration 2
Is import of raw material without BCD and IGST allowed? Will there be any interest obligation if IGST is paid
when finished goods are sold in domestic markets?

Solution:
Inputs/raw materials can be imported and deposited in the licensed warehouse without payment of BCD and
IGST. No interest liability arises when the duties are paid at the time of ex-bonding the resultant goods. The duties
(without any interest) are to be paid only when the resultant goods are being cleared for home consumption.

Illustration 3
Would it be mandatory to appoint a warehouse keeper in the factory licensed under Section 65 of the Customs
Act? Would all goods cleared from the said factory be subject to inspection by the warehouse keeper/ Customs
authorities?

Solution:
A warehouse keeper has to be appointed, for a premise to be licensed as a private warehouse under Section 58
of the Customs Act. The warehouse keeper is expected to discharge duties and responsibilities, maintain accounts
and also sign the documents, on behalf of the licensee. The warehouse keeper is expected to supervise and satisfy
himself about the veracity of the declaration/accounts that he is signing. The inspection of goods by customs at
the stage of ex-bonding would be done, only if there is indication of risks and not as a matter of routine practice.
Approval of the bond officer is not required for clearance of the goods from the warehouse.

Illustration 4
What are the customs document/ form for movement of imported goods on which duty has been deferred to/ from
a unit undertaking manufacture and other operations in a bonded warehouse? Are such goods required to be under
customs escort during their movement?

Solution:
Following are the customs document for movement of imported goods on which duty has been deferred to/ from
a unit undertaking manufacture and other operations in a bonded warehouse:
(i) Customs Station to Section 65 unit: Bill of entry for warehousing. It is clarified that no separate form is
prescribed for movement from Customs station to Section 65 unit as the goods are already accompanied
by the Bill of entry for warehousing.
(ii) From another warehouse (non-Section 65) to a Section 65 Unit: Form for transfer of goods from a
warehouse as prescribed under the Warehoused Goods (Removal) Regulations, 2016. This is because
warehouse which is not a Section 65 unit has to follow the Warehoused Goods (Removal) Regulations,
2016.
(iii) From Section 65 Unit to another warehouse (the other warehouse can be a Section 65 unit or a non-Section
65 warehouse): Form prescribed in Manufacture and Other Operations in Warehouse (no. 2) Regulations,
2019.
The goods will not be under customs escort during movement.

Illustration 5
If the imported capital goods are cleared for home consumption after use, is depreciation available?

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Solution:
No. Depreciation is not available if imported capital goods (on which duty has been deferred) are cleared for
home consumption after use in a Section 65 unit.

Illustration 6
If the imported capital goods are cleared for export after use, is depreciation available?

Solution:
The imported capital goods (on which duty has been deferred) after use in a Section 65 unit can be exported
without payment of duty as per Section 69 of the Customs Act. For the purposes of valuation of the export goods,
the same will be as per the Section 14 of the Customs Act read with the Customs Valuation (Determination of Value
of Export Goods) Rules 2007.

Illustration 7
What are the procedure and documentation requirements for re-entry of manufactured goods, returned by the
customers for repair, in the premises?

Solution:
Once the goods are cleared from the warehouse, they will no longer be treated as warehoused goods. Thus if the
resultant goods cleared from the warehouse are returned by the customer for repair, they will be entered as DTA
receipts (this is provided in the accounting form). After repair, when the same is cleared from the warehouse, the
same will be entered in the prescribed accounting form. If the goods were exported and subsequently rejected or
sent back for repair by the customer, then the goods upon re-import have to be entered as Imports receipts in the
accounting form. The relevant customs notification for re-imports has to be followed while filing the Bill of Entry
for re-import of the goods.

Illustration 8
What is the procedure for surrender of licence for a Section 65 unit?

Solution:
Since the unit operating under Section 65 is also licensed as a Private Bonded warehouse under Section 58 of
the Customs Act, the procedure for surrender of licence will be as per the regulation 8 of the Private Warehouse
Licensing Regulations, 2016.A licensee may therefore, surrender the licence granted to him by making a request
in writing to the Principal Commissioner of Customs or Commissioner of Customs, as the case may be. On receipt
of such request, the licence will be cancelled subject to payment of all dues and clearance of remaining goods in
such warehouse.

Illustration 9
Vipul imported certain goods in December 2024. A ‘Thrice the duty bond’ bill of entry was presented on 14th
December 2024 and goods were cleared from the port for warehousing. Assessable value on that date was US
$1,00,000. The order permitting the deposit of goods in warehouse for four months was issued on 21st December
2024. Vipul deposited the goods in warehouse on the same day but did not clear the imported goods even after the
warehousing period got over on 20th April 2025.
A notice was issued under section 72 of the Customs Act, 1962, demanding duty, interest, and other charges. Vipul
cleared the goods on 14th May 2025. Compute the amount of duty and interest payable by Vipul while removing

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the goods on the basis of following information:

Particulars 14-12-2024 20-4-2025 14-5-2025

Rate of exchange per US $ (as notified by Central Board of `65.20 `65.40 `65.50
Indirect Taxes & Customs)
Basic Customs Duty 15% 10% 12%
No other customs duty is payable except basic customs duty.
Solution:
Assessable vale ` 65,20,000/-
Customs duty is ` 7,17,200/-
(USD 1,00,000 × ` 65.20) × 11% = ` 7,17,200 (includes BCD + SWS)
Interest payable is `16,505/-
(7,17,200 x 15/100) × 56 days/365 = `16,505/-

Working note:

Month No. of days delay

From 21st Dec 2024 to 31st Dec 2024 11
Jan 2025 31
Feb 2025 29
Mar 2025 31
April 2025 30
May 2025 14
Total 146
Less: No. of days for which no interest -90
No. of delay for interest 56
Note: If the goods which are not removed from warehouse within the permissible period, would be deemed to
have been improperly removed on the day it should have been removed. Hence, duty applicable on such date (i.e.
last date on which the goods should have been removed) is applicable, and not the actual date on which goods are
removed. [Kesoram Rayon v Commissioner of Customs (1996)].

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Exercise
A. Theoritical Questions

~ Multiple Choice Questions

1. Section 58 the Principal Commissioner of Customs or Commissioner of Customs may, subject to such
conditions as may be prescribed, license a _________wherein dutiable goods imported by or on behalf
of the licensee may be deposited.
(a) private warehouse
(b) public warehouse
(c) special warehouse
(d) warehouse
2. When goods are transferred from one bonded facility to another, incidence to pay deferred duty is also
________to the owner of the new facility.
(a) Not transferred
(b) Transferred
(c) May be transferred to warehouse keeper
(d) Can not be transferred to owner of the warehoused goods
3. Preservation of physical and digital records by the Licensees namely owner of warehoused goods needs
to maintain update records and accounts accurately and preserve for a minimum 5 years from the date
of.
(a) removal of goods from the facility
(b) import of goods
(c) export of goods
(d) removal of goods from the place of job worker.
4. ____________grants the permission for manufacturing or other operations in the bonded facility.
(a) Assistant Commissioner of Customs
(b) Deputy Commissioner of Customs
(c) Additional Commissioner of Customs
(d) Commissioner of Customs
5. At present manufacture, and other operations in which bonded warehouse is not allowed?
(a) Public Bonded Warehouse
(b) Special Bonded warehouses
(c) Only Private Bonded warehouse
(d) Both (a) and (b)
Answer:
1. 2. 3. 4. 5.
a b a d d

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