Duty Exemption Scheme - Bond / BG to be executed with that Custom House where application for Advance Licence is registered

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..... 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 Exemp .....

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..... raphic Release Advice (TRA) will take the Bond/ Bank Guarantee and endorse the facts of the amount of the Bond/ Bank Guarantee taken on the TRA issued by it to the Port of Clearance. The Port of Clearance/ Customs House must after making the endorsement in the DEEC Book Part I (Import) Part C and Part D, intimate by Telex the particulars of the duty-free materials imported as entered in Part D of .....

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