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Appendix-02N - Bank Guarantee Format - Foreign Trade - Handbook of Procedures, 2023Extract ..... of the Importer/Exporter with complete address) (hereinafter referred to as Importer/Exporter) an Authorisation bearing No.____________ dt._______ (hereinafter referred to as authorisation for the import of the goods mentioned therein) for a value of Rs._________ (Rupees ________________________________ only) under the___________________ Scheme (fill up the actual Scheme) notified by the Government under the Foreign Trade Policy 2015-20 as may be amended from time to time (hereinafter referred to as scheme) on the terms and conditions specified in the said Authorisation which term inter alia stipulates production of a Bank guarantee for Rs._________________ (Rupees___________________________________________only). We _______________________ ..... x x x x x Extracts x x x x x Appendix-02N - Bank Guarantee Format - Foreign Trade - Handbook of Procedures, 2023 x x x x x Extracts x x x x x ..... in in full force and effect during the period that would be taken for the performance of the said Authorisation and that it shall continue to be enforceable till all the obligations of the Importer/Exporter under or by virtue of the said Authorisation have been fully discharged to the satisfaction of the Government or till Jt.DGFT/Dy.DGFT, or any Licensing authority for the time being authorised to perform the duties of Jt.DGFT/Dy.DGFT, Ministry of Commerce, New Delhi certifies that the terms and conditions of the said Authorisation have been fully and properly carried out by the Importer/Exporter and accordingly discharges this guarantee. Provided, however, unless a demand or claim under this guarantee is made on us in writing on or before ..... x x x x x Extracts x x x x x Appendix-02N - Bank Guarantee Format - Foreign Trade - Handbook of Procedures, 2023 x x x x x Extracts x x x x x ..... indicate the name of the Bank) (Signature)_________________________ ___________________________________ (Name Designation of the Bank officer with employee code complete address) Accepted by me on behalf of the President of India. ( ) Asstt. DGFT/ Foreign Trade Development Officer NOTE : A) In case of EPCG authorization: The Bond/BG shall be filed for a minimum period of three years with an undertaking to keep the BG alive for 18 months beyond the entire period of export obligation. B) In case of advance authorization/DFIA: Note: The Bond/ BG shall be filed for a minimum period of three years with an undertaking to keep the BG alive for the entire period of export obligation viz., 6+2 = 8 years Wherever Bank Guarantee is issued with (a) ad ..... x x x x x Extracts x x x x x Appendix-02N - Bank Guarantee Format - Foreign Trade - Handbook of Procedures, 2023 x x x x x Extracts x x x x x
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