CBIC extends Electronic Sealing- Deposit in and removal of goods from Customs Bonded Warehouses
CBIC extends Electronic Sealing- Deposit in and removal of goods from Customs Bonded Warehouses.CBIC vide Circular. No. 10/2020 (“Circular”) dated February 7, 2020 has extended the electronic sealing for deposit in and removal of goods from custom bonded warehouse. Later the representations were received from e-seal vendors to defer the implementation of the Circular. In view of the same CBIC vide Circular No. 16/2020- Customs dated March 16, 2020 has deferred the implementation of the Circular till April 30, 2020. The Circular shall be effective from May 1, 2020.