Import of Goods at Concessional Rate of Duty or for Specified End Use
These rules shall apply where -
a. notification provides for the observance of these rules;
b. an importer intends to avail the benefit of any notification and such benefit is dependent upon the use of the goods imported being covered by that notification for the manufacture of any commodity or provision of output service or being put to a specified end use.
Procedure to be followed. -
(1) The importer who intends to avail the benefit of a notification shall be required to mention the IIN (referred to in sub-rule (2) of Rule 4) and continuity bond number and details while filing the Bill of Entry.
(2) The Deputy Commissioner of Customs or, as the case may be, Assistant Commissioner of Customs at the custom station of importation shall allow the benefit of the notification to the importer.
(3) Where a Bill of Entry is cleared for home consumption, the bond submitted by the importer gets debited automatically in the customs automated system and the details shall be made available electronically to the jurisdictional Customs Officer.
Importer to maintain records. -
(1) The importer shall maintain an account so as to clearly indicate -
i. quantity and value of goods imported;
ii. quantity and date of receipt of the goods imported in the relevant premises;
iii. quantity of such goods consumed including the quantity used domestically for manufacture, quantity exported, if any, to fulfil the intended purpose and quantity of goods sent to an end use recipient;
iv.quantity of goods sent for job work and the nature of job work carried out;
v. quantity of goods received after job work;
vi. quantity of goods re-exported, if any, under rule 10; and
vii. quantity remaining in stock, according to bills of entry,
and shall produce the said account as and when required by the Deputy Commissioner of Customs, or, as the case may be, the Assistant Commissioner of Customs having jurisdiction over the premises or where the goods imported shall be put to use for manufacture of goods or for rendering output service:
2022-09-09