Export Warehousing facility to come up in Ahmedabad : CBEC Back to News & Events List


…CBEC believes that warehousing facility at Ahmedabad would facilitate trade.

In order to facilitate the trade and industry, Central Board of Excise and Customs (CBEC) has extended the facility of export warehousing to Ahmedabad district in the State of Gujarat.

“Board is of the view that extension of the facility of export warehousing to Ahmedabad district in the State of Gujarat would facilitate the trade and industry,” CBEC said in a circular (No 1051/39/2016-CX).

The Board has extended the warehousing facility to Ahmedabad after examining the specifying conditions, procedures, class of exporters and places mentioned under the sub rule (2) of rule 20 of Central Excise Rules 2001.

The circular has been notified to all the Principal Chief Commissioners, Chief Commissioners of Central Excise and Director Generals.

According to the earlier circular (No. 581/18/2001-CX), the places where facility for export warehousing can be established and registered are Bangalore, Kolkata, Chennai, Hyderabad, Delhi, Jaipur, Kanpur, Ludhiana, Mumbai, Pune, Raigad, Nagpur, and Navi Mumbai in the Thane district.

In the State of Tamil Nadu, the places where warehousing facility is already included are in the districts of Kancheepuram, Thiruvallur and Sholinghur in Vellore district.

Besides Ahmedabad, the facility for export warehousing already exists in the State of Gujarat include Bhuj taluka of Kutch district and Ankleshwar taluka of Bharuch district.

In addition, the facility for export warehousing is already there in Indore (Madhya Pradesh), East Midnapur (West Bengal), Gautam Budh Nagar (Uttar Pradesh), Bidadi in the Bangalore rural district, (Karnataka), and Tehsil of Tijara of Alwar district (Rajasthan).

Original Source: dailyshippingtimes.com


Recent News


18

01/2018
Commerce Ministry to seek views on draft agriculture export policy

The commerce ministry would soon float a draft agriculture export policy to seek stakeholders' views with an aim to boost outward shipments by identifying new markets and ...

17

01/2018
India, Israel sign 9 agreements, may restart FTA talks

In an effort to diversify and broad-base engagement, India and Israel plan to scale up partnership in agriculture, science, security and technology. To increase trade and inve...

16

01/2018
New policy framework must to address export finance issues: Commerce secretary Rita Teaotia

The country needs to spruce up its policy framework to address exporters' finance needs if we were to become a USD 5-trillion economy, a top government official said. ...

13

01/2018
US envoy pitches for FTA with India

India can seize the opportunity to provide alternative investment hub for the American companies which are downgrading their operations in China, US Ambassador Kenneth Juster ...