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Duty Exemption Scheme - Bond / BG to be executed with that Custom House where application for Advance Licence is registered - Dated 28-6-1995 - Customs
Published on: Jun 28, 1995
Circular No. 75/95 dated 28/6/95 F.No. 605/57/95- DBK Government of India Ministry of Finance Department of Revenue, New Delhi Subject - Circular No. 32/95 - Taking a Bond/ Bank guarantee by the Custom House/ Port in which DEEC Book is registered - Regarding. A reference has been received from some of the Commissioners of Customs pointing out that the procedure laid down in Para 2.4 of Ministry s Customs House is to accept the Bond/ Bank Guarantee which is to be executed by the importer for goods imported under the Exemption Notification Nos. 79/95 and 80/95 dated 31.3.95. Different Custom Houses are reported to be following different practices, which may result in the importers having to execute more than One Bond/Bank guarantee if the go ....... - .......