Customs Bonded Cargo / FTWZ

Services for bonding of import cargo (Sea or Air, LCL or FCL) into the designated Customs Bonded Warehouse, without payment of customs duty.

• Includes Import Customs Clearance, Bond Procedure, Handling & Transportation for delivery from port / CFS into the customs bonded warehouse under OTL Seal and Transit procedure, without payment of customs duty.
• Labelling and other compliances, sampling and NOCs such as MRP labelling, FSSAI NOC, AQ Final NOC and so on can be procured after depositing the goods into customs bonded warehouse and avoiding container detention and demurrage.
• Allied value-added activities such as permitted labelling, repacking, etc can be performed at the customs bonded warehouse upon taking necessary permissions.

Services for Ex-Bond (under Home Consumption) supply of cargo from a customs bonded warehouse to the Domestic Tariff Area (DTA) under Duty Payment as well as against Duty-Free License.

• Exbond against payment of Duty and applicable Interest
• Exbond against License / Scrip

Services for Bond-to-Bond transfer (BTBT) for movement of cargo from one bonded warehouse to another under Customs OTL seal and transit procedure or a duty-unpaid sale from one party to another involving change of ownership.

There are primarily 3 types of B2B transfers:

• Bond to Bond in transit (from one warehouse to another - same owner)
• Bond to Bond with Change of Ownership (sale within the same bonded warehouse)
• Bond to Bond in transit with Change of Ownership (sale from one bonded warehouse to another)

Services for Re-Export of imported cargo from a customs bonded warehouse (duty-unpaid) OR re-export of imported cargo directly from the port to a third country.

• Re-Export of whole or part cargo
• Includes Customs Clearance (Import and Re-export), Bond Procedure (in & out), Export Stuffing, Handling & Transportation from the customs bonded warehouse / port to any international seaport/airport including the Shipping / Freight Forwarding upto final destination.
  E.g.: Srilanka (Colombo) -> Nhavasheva -> Bandar Abbas (Iran)
  Or France (Le Havre) -> Nhavasheva -> Male (Maldives)

• Customer can also hold inventory of the duty unpaid goods in the Customs Bonded Warehouse and supply duty-unpaid stock to nearby countries such as UAE, Sri Lanka, Singapore and others.

Each consignment can be kept in a Customs Bonded Warehouse for a period up to 12 months from the bond date. If the goods are not sold within this period and there is balance stock in that consignment, then the bond extension needs to be obtained from Customs for the following 2^nd or 3^rd year of storage against submission of Bank Guarantee.

• Assistance and guidance for application and obtaining of extension of warehousing period for Expired Bonds

Customs bonded warehouse storage, handling and inventory management

• Per shipment / Per container storage space
• Reserved fixed area storage space
• Private / exclusive bonded warehouse storage space
• Inventory management and PO / order management