Compared to non-bonded zones, many businesses are now competing to operate in bonded zones due to various advantages, such as ease of import duty clearance and fiscal incentives. However, despite these opportunities, they face significant challenges in complying with the strict regulations of the Directorate General of Customs and Excise (DJBC).

One major obstacle is the DJBC requires every business in bonded zones to implement an IT inventory system that can record all goods movements in real time, starting from incoming/outgoing goods, production processes, to physical stock adjustments.

Therefore, solutions like Bonded Zones IT Inventory are essential. Now, let us discover how IT inventory can help your business stay compliant.

What is a Bonded Zone IT Inventory?

First, let us talk about a bonded zone! It is a special area set up by the government and monitored by customs, where companies can store, process, or ship goods without having to pay import duties or value-added tax (VAT) immediately.

IT inventory in bonded zones is managed through specialized Warehouse Management Systems (WMS) and integrated IT platforms that enable real-time tracking, automated reporting, and tight control over every movement of goods.

One example of the IT inventory providers is SystemEver. Their system helps businesses streamline inventory processes while meeting the strict requirements of bonded zone operations. It offers significant features for business, including:

• Integration
• Category A Status
• Automated Customs Documentation
• Exemption Monitoring

How IT Inventory from SystemEver Can Help Your Business Stay Compliant to Bonded Zone Regulations?

In bonded zones, compliance is mandatory. Here is how SystemEver’s IT inventory help you stay compliant with the regulations.

        1. Integrated System

According to the regulation, the Directorate General of Customs and Excise (DJBC) requires every company operating in a Bonded Zone to use inventory software that connects directly with the DJBC User Portal, CEISA 4.0 (Customs-Excise Information System and Automation).

SystemEver’s IT Inventory has already met this standard. Recognized as a Category A system, it is fully approved by DJBC. This means you can be confident that your inventory data is integrated and properly documented.

        2.    DJBC-Compliant Report

The report format from SystemEver’s software is exactly aligned with DJBC provisions, ensuring seamless integration and acceptance by the customs system. Therefore, you no longer need to reformat data or tables, and even worry about compliance mismatches.

        3. Comprehensive Audit Trail

One crucial point in complying with DJBC regulations in Bonded Zones is the availability of a complete and transparent audit trail. DJBC requires that every movement of goods, such as incoming, outgoing, production, or stock adjustments, be recorded in detail and can be tracked whenever needed.

With SystemEver IT Inventory, you do not need to worry. All activities are recorded automatically, complete with timestamps, transaction types, and who entered them. This is not just about compliance, but also about maintaining trust and avoiding sanctions due to inaccurate data.

In conclusion, using Bonded Zone IT Inventory is a smart move to ensure compliance with the regulations. So, invest in a trusted Bonded Zone IT Inventory system now, don't make the wrong choice.