EOU

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Pramod Kumar Pandey (Querist)
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12 April 2011 Dear Sir,

What is the prosedure of making another bonded warehouse for 100% EOU.Due to Insufficient space in exising unit wants to shift their excisable goods after making another warehouse.Plot/land is Situated with existing unit. Please guide us with suitable circular/notification.

RAMESH KUMAR VERMA

RAMESH KUMAR VERMA (Expert)
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13 April 2011 The premises of EOU are approved as a Customs bonded warehouse under the warehousing provisions of the Customs Act 1962, SECTION 58& 65.

FOR MORE INFO:-

http://www.mumbaicustoms.gov.in/scripts/eou.asp

RAMESH KUMAR VERMA

RAMESH KUMAR VERMA (Expert)
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13 April 2011 The EOUs are required to execute a multipurpose bond with surety/ security with jurisdictional Customs/ Central Excise officers
(Reference Board’s Circular No. 15/95-Cus, dated 23-2-1995)

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