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What is a Bonded Warehousing? Who is entitled to Bonded Warehouse facility?
Bonded Warehouse Enquiry by NBR Customs | 16/05/16 at 3:36 pm Reply from NEP | 16/05/16 at 3:36 pm

The term

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How can I apply for a bonded warehouse license? What are the documents to be…
Bonded Warehouse Enquiry by NBR Customs | 16/05/16 at 3:38 pm Reply from NEP | 16/05/16 at 3:38 pm

A. A person can apply for a bonded warehouse license by filling in the prescribed application form.B. The following documents are required to be submitted with the…

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How are fabrics imported to make samples of readymade garments disposed of?
Bonded Warehouse Enquiry by NBR Customs | 16/05/16 at 3:50 pm Reply from NEP | 16/05/16 at 3:50 pm

The procedure has been elaborated by the NBR memo no. 1(3): Shukla-Roptani O Bond/97, dated 12/06/1997.  Fabrics necessary for manufacturing samples of readymade garments/clothes may…

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What is the bonding period for garments bond and other bonded warehouse?
Bonded Warehouse Enquiry by NBR Customs | 16/05/16 at 3:44 pm Reply from NEP | 16/05/16 at 3:44 pm

For export-oriented industries, bond period varies from industry to industry. Appropriate bonding periods for different types of industries are shown below: Bonded warehouse types Bonding…

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What is the amount of general bond to be executed by Bonded Warehouse Licensee?
Bonded Warehouse Enquiry by NBR Customs | 16/05/16 at 3:48 pm Reply from NEP | 16/05/16 at 3:48 pm

This has been elaborated in the Rule 12 of the Bonded Warehouse Licensing Rules, 2008 (SRO no. 181-Law/2008/2209/Cus, dated 26/06/2008). The amount of general bond…

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What is the difference between Special Bonded Warehouse and Bonded Warehouse?
Bonded Warehouse Enquiry by NBR Customs | 16/05/16 at 3:42 pm Reply from NEP | 16/05/16 at 3:42 pm

Special Bonded warehouse facility is accorded to 100% export oriented garments industries, which include the oven garments and knitwear and sweater industries.On the other hand,…

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What are the different types of bonded warehouse facilities?
Bonded Warehouse Enquiry by NBR Customs | 16/05/16 at 3:40 pm Reply from NEP | 16/05/16 at 3:40 pm

Depending on the types of inputs/raw materials used, the purpose of their use, and the type of exports, bonded warehouses are basically of two categories:…

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Is it possible to issue more than one bond license in a single building?
Bonded Warehouse Enquiry by NBR Customs | 16/05/16 at 3:48 pm Reply from NEP | 16/05/16 at 3:48 pm

Yes.If all the conditions for getting a bond license are met, bonded warehouse license may be issued in favour of different organizations located in the…

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What are the documents required to be submitted along with the application for a UP…
Bonded Warehouse Enquiry by NBR Customs | 16/05/16 at 3:48 pm Reply from NEP | 16/05/16 at 3:48 pm

Following documents are needed to be submitted along with the application for a Utilization Permission (UP) -Back to Back Letter of Credit/Sales Contract/Import Permit;Pro forma…

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What is the frequency of Bond Audit?
Bonded Warehouse Enquiry by NBR Customs | 16/05/16 at 3:49 pm Reply from NEP | 16/05/16 at 3:49 pm

All bonded warehouses are subject to a mandatory audit each year.

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