Procedure for De bonding CG:

1. Can be done partially / fully

2. Documents:
a. STP/ EHTP Docs Valid STP/LOP Status ; Legal Agreement; Private Bonded Warehouse
Licence ( PBWHL).
b. Requirements:
i. Request letter for debonding of imported / CT3 Capital goods approval with
location address where such CG is kept.
ii. LoP & PBWHL valid
iii. Reason for de-bonding of CG
iv. Annexure with following information ( for goods being de bonded)
1. Description of items
2. STPI import approval no, Date, Import value, Import Type
3. BOE No. & Date
4. Bond No. & Date
5. Qty
6. CIF Value in Rupees
7. Total Duty Foregone Value
v. Copy of BOE/ARE Certificate
vi. Copy of Import / CT3 Approval copies
vii. Declaration w.r.t deemed export benefit
3. Above documents are verified and debonding of CG ( both Import & Indigenous CG) request will
be processed NOC will be accorded.

Process:

STP Member Unit Submission of Documents NOC & De-bonding of CG

approval issued by STPI Submit at Concerned Customs & Excise Authorities Debonding done
Update in Bond register with endorsement by customs

Upon intimation to STPI with proof of CG being de-bonded, the CG value shall by credited into the CG
Balance.

IC Procedure:

1. Bond- Bond Sales, HSS, Outright purchases , Lease basis, Second hand CGs ( etc) imported
allowed by StP
2. Checklist:
a. Request Letter with Annexure IX & PI to STPI
b. STP to have valid STP status, legal agreement, PBWHL, Location of unit, where CG is
proposed to be imported.
c. Verify/ Match Annexure IX and PI with request letter
i. Name, Location, Name supplier, country of origin, Inv. No. & Date
ii. Description of goods, New /Used equip, Currency of inv.
 d. Check whether invoices is in CIF value or FOB Value
If FOB then add 21.125% to the FOB Value and derive the CIF Value.
3. Type of Sale:
a. Loan Basis equip to be re exported back to supplier after project
b. Free of Charge - invoice should clearly state.
c. HSS request letter + HSS Agreement
d. B2B - request letter + proof of EoU status of supplier + Bond Bond Sales needs to be
indicated in invoice
e. Lease invoice + lease agreement
f. Second Hand CG Self declaration along with Import request & invoice

Process for Import Approval Process STPI

1. Import request filed by STP member units at STPI Import Approval issued by STPI along with
attested PI.
2. CIF Value of imported CG is deducted by balance CG irrespective of type of imported. Also LOP
specifies Imported CG Limits STP Units to ensure operations are within limits.
3. STP Member Unit Approach Customs with Import Approval by STPI for Clearance of CG
STP Member Unit to approach STPI for bonding the equipment.

Procedure for Bonding:

After Import Approval Received from STPI: