Central Board of Indirect Taxes and Customs (CBIC) has recently issued Notification Notification 69/2019-Customs (N.T.) dated 01 October 2019. Please find below brief of the update for your reference.
This notification has been issued to issue new regulation namely “Manufacture and Other Operations in Warehouse (no. 2) Regulations, 2019“. This amendment has been notified with an intent to harmonize the operational aspect of warehouses. This revision shall come into force on the date of its publication in the official gazette.
These regulations shall apply to units permitted to Manufacture and undertake other operations in a warehouse (as per section 65 of the Customs Act).
Eligibility for application for operating under these regulations:
That means, warehouses where manufacturing processes being undertaken will have to follow these regulations which are common to all warehouses licensee under Customs act. Below are some of the important points from the regulations:
Conditions for Transport of goods:
Receipt of goods from customs station / other warehouse:
Removal of resultant goods for home consumption/ Export:
Also, Notification 70/2019-Customs (N.T.) and Notification 71/2019-Customs (N.T.) has been issued to clarify that Warehouse (Custody and Handling of Goods) Regulations, 2016 and Warehoused Goods (Removal) Regulations, 2016 shall not apply to warehouses operating under section 65 of the Customs Act.
We have linked respective notification in its subject line. Feel free to connect if you require any additional information / clarification in this regard.