Public Notice No.02/2026 dated 09.03.2026 (Sub: Amendment to Public Notice No.07/2024 dated 09.12.2024- regarding procedure for Management of BLUT)

;EEPZM-CUSTOGENF/504/2025-CUST-Part(4) 1/120779/z' Government of India Ministry of Commerce & Industry Office of the Development Commissioner SEEPZ Special Economic Zone Andheri (E), Mumbai

• 400096 : www.seepz.gov.in

l-' t- dcseepz-rnah@nic.in

I : 022-28290856/28294700 F. No.: 8EEPZM-CU8TOGBNF/504/2025-CUST-Part (4) Date:09.03.2026 Public Notice No. Cfl- / 2028 Subject:
Ampnrlmpnt

to Public
Notice
No. 07/2024

dated
09.12.2024

regardtng Procedure for Management of Bond-cum-Legal Undertaking (BLUT)

• reg. Attention of all Units and Departmental Officers is invited to this
  office Public Notice No. 07/2024 dated 09.12.2024 issued on the above cited subject.

In terms of Rule
22(1)3iv)(d)

of the
Special

Economic Zones

Rules,
2006
read with Instruction No. 72 dateai 30. 11.2024 issued under tlie Special Economic Zones Act, 2005,
it has
been clarified

that
no debit
and
credit

mechanism is prescribed

in respect of the
Bond-cur'ri-Legal UndertaJ<tng (BLUT).

The
responsibility to maintaixi proper

accounts

of dut.y
foregone

and
to ensure

adequacy

of bond
aniount

at all material times rests w.it.h the Unit. subject to quarterly/annual monitoring by the competent authority. 3.

of dut.y
foregone

and
to ensure

adequacy

of bond
aniount

at all material times rests w.it.h the Unit. subject to quarterly/annual monitoring by the competent authority. 3. Representations

have
been
received

fron"i SEEPZ Gems
& Jewellery

Manufacturers Association

(SGJMA)

regarding

operational

difficulties

encountered

by
Units

in dearance

of import ancl
export consignments on account

of non-reflection

of bond credit in the ICEGATE =,ystem, leading to procedural delays. 4. The matter has been examined by this office. In order to mitigate hardship to trade and to ensure

continuity

of operations

pending

system-level

modification

by DG Systems, it has been decided that. as an interim measure: (i) guarterly

crecLi't.
of the bond an"iount in the system shall be undertaken by the officer concerried suo-motu at the end of each quarter. (ii)
Such

credit

shall

be
affected

ivithout

insisting

upon

submission

of declaration or uncfflertaking from the Units. (ffl) The above arrangement shall remain in force until auto-credit functionality is operationalized m ICEGATE by DG Systems. 5. This amendment is issied

as a facilitative measure to align the system-driven workflow with the extai-.it legal provisions

under the SEZ framework and to prevent disruption in legitimate t'i-ade.

ied

as a facilitative measure to align the system-driven workflow with the extai-.it legal provisions

under the SEZ framework and to prevent disruption in legitimate t'i-ade.

oZM-CUSToGENFy504/2025-CLIST-Part(4) I/1 9/202 6. All concerned

officers are
directed to ensure

strict

compliance with
the instructions. 7. This is issued with the approval of the Development Commissioner. D g ta y s gned by SAND P DINKAR BHOSALE Date

09-03-2026 DEPUTY DEVELOPMENT COMMISSIONER SEEPZ SEZ Copy To: 1. Directorate General of Systems & Data Management (ICEGATEI 1st Floor, Building, IP Estate, New Dell'ii

• 110095 for information please

Joint Secretary SEZ-Division, Ministry of Commerce & Industry, Departmen of Commerce, Vanijya Bhawan, New Delhi

• 110001 for information please

All Officers of Customs Section, SEEPZ-SEZ Zone 4. All Units of SEEPZ-SEZ Zone