(1) The industry benefiting from the facility of bonded warehouse shall submit an application to the customs office where the bank guarantee is kept by attaching the following documents within the period of rule 12 or if the period is extended according to rule 13, within that period, to release the bank guarantee:-
(a) Proof of import of goods as per rule 10,
(b) Proof of export of preparatory goods,
(c) Evidence of earning foreign currency certified by the concerned bank,
(d) Evidence of the consumption ratio of raw materials and auxiliary raw materials (including packing materials) certified by the relevant body.
(2) A person who imports goods for sale from a duty-free shop under the facility of bonded warehouse shall release the bank guarantee or bond held by him within the period as per sub-rule (5) of rule 12 or if the period has been extended as per rule 13 within that period by attaching the proof of sale from the duty-free shop. In order to do this, an application must be made to the customs office where the bank has kept the guarantee or bond.
(3) …………….
(4) In accordance with sub-rule (2) of Rule 11, proof that the yarn importing industry has made clothes from the said yarn and sold it to the ready-made garment industry with a minimum price increase of ten percent within eleven months from the date of importing the yarn, the ready-made garment industry and the yarn importer who purchased the said fabric The purchase and sale agreement between the garment industry, the proof of consumption ratio of the yarn certified by the relevant body and the bank guarantee for the fee incurred for the import of the yarn issued at the request of the garment industry, and applying to the customs office where the bank guarantee is held for the release of the bank guarantee. will fall.
(4a) Notwithstanding anything written in sub-rule (4), if the yarn importing industry makes clothes from the yarn and sells it to the ready-made garment industry, but does not release the bank guarantee it has kept, if such ready-made garment industry wants to release the bank guarantee only after the ready-made garment is exported, the sub-rule Documents mentioned in (4).In addition, the ready-to-wear industry that purchases ready-to-wear clothing has made ready-to-wear from that fabric and exported it with a minimum price increase of ten percent, proof of the consumption ratio of the clothing certified by the relevant agency and proof of foreign currency earned by the exporting industry certified by the related bank, from the date of importation of the yarn. An application must be submitted to the customs office where the bank guarantee is kept within twenty-two months.
(5) In accordance with sub-rule (2) of rule 11, purchase of cloth from the yarn importing industry under the bank guarantee, the ready-to-wear garment industry shall import the yarn for the release of the bank guarantee submitted to the customs office to release the bank guarantee kept by the yarn importing industry in accordance with sub-rule (4). From the date of purchase from the clothes purchased from the textile industry, within eleven months from the date of purchase, make an application to the customs office with a bank guarantee by attaching the proof of making ready-made garments and exporting them with a minimum of ten percent price increase, the proof of earning foreign currency certified by the relevant bank and the proof of the consumption ratio of the clothing certified by the relevant agency. will fall.
(6) According to sub-rule (6) of rule 10, in order to release the bank guarantee kept at the time of importation of goods, within the period as per sub-rule (5) of rule 12 or if the deadline has been extended as per rule 13, within that period, the goods have been prepared and exported by increasing the price as specified by the Department of Commerce. The application should be submitted to the customs office where the bank has kept the guarantee by attaching the proof, the proof of earning foreign currency equivalent to the increased value certified by the relevant bank and the proof of the consumption ratio of raw materials and auxiliary raw materials certified by the relevant agency.
(7) …………………..