In response to ongoing disruptions in maritime routes, particularly due to the closure of the Strait of Hormuz, the Indian government has introduced expedited measures for export cargo originating from Special Economic Zones (SEZs). The Central Board of Indirect Tax and Customs (CBIC) issued fresh instructions to facilitate the smoother handling of shipments affected by the West Asia conflict.
New Guidelines for Disrupted SEZ Export Cargo
Under the new CBIC circular, exporters can now request the cancellation of their shipping bills or export orders at the originating SEZ. This allows customs officers at gateway ports to permit the movement of such cargo out of the port for either return to the exporter or for re-routing to an alternative destination.
A key aspect of the updated procedure is that containers no longer need to be brought back to the originating SEZ, significantly reducing logistical complexities and delays. The custodian at the gateway port is responsible for ensuring the proper accounting of all such cargo.
Expedited Processing and Storage Options
- Faster Processing: The CBIC has emphasized that all requests under these new guidelines must be processed expeditiously to minimize impact on trade.
- Destuffing and Storage: Permission may also be granted for destuffing or unloading and storage of affected cargo at Customs Bonded Warehouses located at the gateway port.
- Rerouting Flexibility: If rerouting is requested, it will be permitted subject to the filing of new shipping bills and adherence to all existing legal provisions and procedures governing exports.
These instructions from the CBIC stem from numerous representations by trade bodies and field formations, highlighting the need for a simplified and uniform procedure to manage SEZ export cargo impacted by the volatile maritime environment. The government has been continuously announcing special measures to assist exporters facing challenges, including earlier waivers for cancellation or amendment fees for export documents.
Currently, these specific instructions regarding SEZ export rerouting and related procedures are in force until April 30, 2026. This temporary relief aims to provide crucial support to Indian exporters navigating the complexities of global supply chain disruptions.