Export Against Supply by Foreign Buyer- Clarification Regarding the Amount of Bank Guarantee to be Furnished under the Scheme

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..... y Foreign Buyer- Clarification Regarding the Amount of Bank Guarantee to be Furnished under the Scheme. I am directed to invite your attention to the Board's Circular No.36/2002-Cus. dated the 28th June, 2002 on the above subject. 2. It has been brought to the notice of the Board that in case of import of silver under the above said notification, the importers are being asked to furnish bank .....

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..... Foreign Buyer", the duty rate on silver will be taken at the rate of Rs. 500/- per kg. 4. The Circular No.36/2002-Cus. dated 28 th June, 2002 stands amended to the above extent. 5. Wide publicity may be given by issue of a Public Notice in this regard. 6. Difficulties, if any, faced in the implementation of above instructions, may be brought to the notice of the Board at an early date. Ki .....

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