Re warehousing procedures under STP and EOU units.

 The information provided here is part of Import Export Training online

Re warehousing procedures under STP and EOU units.

EOU and STP procedures under import clearance.

How to obtain Re-warehousing certificate under import of goods under STP or EOU? How does re-warehousing formalities work under an EOU or STP units.

Re warehousing procedures under STP and EOU units.

Re warehousing procedures under STP and EOU units copy

As I have explained in my other articles in the same website, the location of STP unit or EOU unit is a customs bonded area. Any goods coming in to the said area and moving outside the said area has to be intimated to customs with necessary formalities. If any goods are consumed, such information also to be filed in specified format and proper accounts registers are to be maintained against each items of inward and outward.

Once after obtaining import certificate from STPI/EOU to import goods, the units under STP or EOU arranges to import goods from overseas. Once after arrival of goods at destination customs location, the importer or their authorized customs house agent completes necessary import customs clearance procedures under EOU or STP. Once after completion of ‘pass out order’ procedures with destination customs location, the imported goods are moved to EOU/STP unit premises which are customs bonded area. This movement is effected under B17 bond executed with customs by EOU or STP units.

Once after arrival of goods at STP or EOU premises, an intimation regarding arrival of goods at STP / EOU unit is effected to EOU/STP customs authorities. The EOU / STP authorities issues re-warehousing certificate after satisfying on arrival of such goods on physical verification of goods at STP / EOU premises. Necessary bond registers have to be maintained for each entry or removal of goods.

Have you satisfied with this article about Re warehousing procedures and formalities of units under STPI and EOU.

Would you like to share your experience in handling Re-warehousing procedures and formalities under EOU and STPI?

Comment below your thoughts about Re-warehousing procedures and formalities in India.

 

The above information is a part of Export Import Training online

Other post about import export cauching

What is Inter Unit Transfer (IUT) in STP

What is CT3 form. How to get CT3. Why CT3 required

Difference between bond execution and bond acceptance

What is Third Party Exports? Difference between manufacturer exporter and third party exporter.

How to obtain a duplicate BL, if original bill of lading lost.

Difference between Purchase Order and Commercial Invoice

Excise and Customs - Click here to read complete notification under Budget 2014

How to get Export Orders?

How to settle dispute in Exports and Imports?

Click here to know India Trade Classification(ITC)

Click here to know HS code of other product/commodity

Pre shipment bank finance to suppliers for exports through other agencies

Types of export containers
Measurement of export containers
Exim Policy of India 2015-20
MEIS, Merchandise Exports from India Scheme
SEIS, Service Exports from India Scheme
Merge your Commercial Invoice and Packing List for all your future exports
Export procedures and documentation

Transferability of Bill of Lading

Transhipment - A redefinition

Travelers to India under import duty exemption, Frequently Asked Questions Part 2

Triangular export

 Types of Insurance Documents.

What is Express Release Bill of Lading

What is FIRC in export import business

 What is first check assessment procedures in import customs clearance

What is FOB price in Exports and Imports and how it works

 What is Fumigation in Export and Import

 What is House BL

 What is ICD?

 What is IHC – Inland Haulage Charges

What is intensive exam CET exam in US import clearance

What is Inter Unit Transfer (IUT) in STP

 Is Customs House Agents (CHA ) required to be appointed mandatory?

 Is DP terms of payment safe in export business?

Is Letter of Credit LC safe for an Importer?

 Is ON BOARD CERTIFICATE required for LC negotiation

What is LC Letter of Credit in export import business

What is legalization of documents by embassy?

What is LET EXPORT order in export trade?

What is Line number in IGM

 Import General Manifest (IGM)

Importance of Bill of Lading

Introduction to this web site.

 Is Airway bill a documents of title?

 Is Customs House Agents (CHA ) required to be appointed mandatory?

Transferability of Bill of Lading

Transhipment - A redefinition

Travelers to India under import duty exemption, Frequently Asked Questions Part 2

Triangular export

 Triangular shipment

Types of Insurance Documents.


Comments


GOPINATH KULKARNI: We have CT3 form from customer for dispatch the material .My question is while dispatching the material we require to prepare a AR3 form ?

shafiuddin: We are the beginners I have some questions please find you could help us , 1.How is the export market for vegetables and fruits, Demanding items if any 2. Can we register our firm on my residence (House) or it is necessary to do it in only in the shops or complex is there any legal problems if so.

Rahul awhad : We need your help in terms of same that we are going to start new business in to import export.

Jayakrishna Naidu: I happened to go through your website "How to export import.com" and found it useful. I had a query related to exports and would like to have your valuable comments. If a company wishes to clear goods on stock transfer basis to a bonded warehouse (third party service provider) outside India and later sell to customers outside India in some other country other than the country in which the bonded warehouse is located, what would be the procedure for such exports.My concern was when the export would be effected there is no sale transaction in the first leg ie from India to bonded warehouse and no identified customer. It is only in the second leg ie sale to customers by way of supply from bonded warehouse and Invoice raised by Indian shipper/exporter.In such circumstances would Customs permit the exports particularly when there is no identified buyer and there can be no guarantee for remittance except that the shipper/exporter may state that it would be able to get the remittance.

raju: presently we are facing an issue about how to export the goods to US. basically we are in the field of trailers and UL CERTIFIED tank manufacturers from last 15 years. presently we have a order for exports. so please would you able to suggest, how we can handle and care should be taken to dispatch the goods?

Discussion Forum

You can also share your thoughts about this article.
Any one can answer on question posted by Readers