CBIC defers Electronic Sealing – Deposit in and Removal of Goods from Customs Bonded Warehouses [Read Circular]

electronic Sealing - CBIC - Taxscan

The Central Board of Indirect Taxes and Customs (CBIC) has deferred electronic sealing- deposit in and removal of goods from customs bonded warehouses.

The e-sealing requirement for deposit in and removal of goods from customs bonded warehouses was originally to come into effect from August 15, 2018, which was then deferred to October 1, 2018. Its implementation was again postponed to November 1, 2018, and then further to January 1, 2019.

The CBIC has deferred the implementation of mandatory electronic sealing for deposit and removal of goods from customs warehouses for the fifth time.

In a letter to principal chief commissioners/chief commissioners of customs, the Central Board of Indirect Taxes and Customs (CBIC) said the implementation of the e-sealing norms stands deferred.

The CBIC had in last year of June last year decided that radio- frequency identification (RFID) sealing shall be required on the transport of goods for deposit in a warehouse as well as removal therefrom.

Therefore, Wherever the ‘warehousing regulation’ prescribe affixing of a ‘one-time lock’, the importer or owner of the goods shall use RFID anti-tamper one time-locks

Representation has been received from e-seal vendors to defer the implementation of the circular 10/2020- Customs dated 7th February 2020. The Board has decided to defer implementation of the said circular – Customs till 30th April 2020 and the new date of implementation of the said circular will be on 1st May 2020.

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