Bond Related Responsibilities
* Collect endorsed Bill of Entry (BOE), invoice, packing list, and HS code documents from Supply Chain.
* Enter all imported raw materials into the Bond Register / CBMS on time.
* Cross-check that imported quantity, HS Code, and item name match the Bond License approval.
* Issue raw materials to production only against approved requisition slips.
* Update the Finished Goods Bond Register upon production and export.
* Monitor bond storage limits and alert management if nearing capacity.
* Ensure all consumption and export entries are updated in the register within customs deadlines.
* Prepare monthly/quarterly bond reconciliation reports (import vs. export vs. stock).
* Maintain soft copy & hard copy files of all bond-related registers and reports.
* Ensure zero mismatch between bond register, store stock, and customs declarations.
* Coordinate with Customs officers during inspection, stock verification, and audits.
* Prepare and submit utilization permission (UP) with full supporting documents against each export LC.
* Submit Proceed Realization Certificate (PRC) and final compliance package to Customs on time.
* Respond to audit queries from Customs, NBR, or internal auditors.
* Ensure bonded and non-bonded materials are strictly segregated.
* Support management in bond license renewal process (preparing utilization data, audit reports, etc.).
* Work closely with Supply Chain, Accounts, and Production to ensure timely flow of documents.
* Provide training to store and production staff on bond compliance basics.
* Suggest process improvements (digitalization, ERP integration, reporting automation).
Vat Related Responsibilities
* Ensure smooth coordination between Bond License operations and VAT-related requirements under NBR (National Board of Revenue).
* Maintain clear records of bonded and non-bonded materials for proper VAT adjustment.
* Ensure proper use of BIN (Business Identification Number) for Bond-related imports and local purchases.
* Maintain Mushak-6.6, Mushak-9.1, and Mushak-4.3 forms as applicable.
* Ensure all local purchase invoices mention correct VAT exemption reference.
* Prepare and submit VAT Rebate claims for imported raw materials used in export production (if applicable).
* Adjust paid VAT (if any) through Mushak-9.1 or other prescribed formats.
* Coordinate with Accounts for input VAT adjustment and reconciliation.
* Prepare VAT statements for submission to Head Office or VAT Circle Office.
* Assist during VAT audit, rebate verification, or bond utilization audit by Customs/VAT officers.
* Respond to VAT office queries in coordination with the company's VAT Consultant or Finance department.
* For consumption or wastage adjustment, ensure VAT implications are correctly handled per NBR circulars.
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