Lesson1-preparation of various kinds of bills of entry in customs

A bill of entry is an acknowledgement for the duty paid on imports. 

Bills of Entry should be of one of three types.   

Out of these, two types are for clearance from customs 

while third is for clearance from   warehouse.

Bill of entry for home consumption:

 This form, called ‘Bill of Entry for Home Consumption’, is used when the imported goods are to be cleared on payment of full duty. Home consumption means use within India. It is white coloured and hence often called ‘white bill of entry’.

Bill of Entry for warehousing  
If the imported goods are not required immediately, importer may like to store the goods in a warehouse without payment of duty under a bond and then clear from warehouse when required on payment of duty. 
This will enable him to defer payment of customs duty till goods are actually required by him. This Bill of Entry is printed on yellow paper and often called ‘Yellow Bill of Entry’. It is also called ‘Into Bond Bill of Entry’ as bond is executed for transfer of goods in warehouse without payment of duty. 
Bill of Entry for ex-bond clearance 
 The third type is for Ex-Bond clearance. This is used for clearance from the warehouse on payment of duty and is printed on green paper. 
The goods are classified and value is assessed at the time of clearance from customs port. Thus, value and classification is not required to be determined in this bill of entry. 
The columns in this bill of entry are similar to other bills of entry. However, declaration by importer is not required as the goods are already assessed.



http://www.cbec.gov.in/resources//htdocs-cbec/customs/forms_pdf/22.pdf