Norms for Execution of Bank Guarantee in respect of Advance Authorization/Duty Free Import Authorization (DFIA)/Export Promotion Capital Goods (EPCG) Schemes - Regarding.

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..... sioners of Customs / Customs & Central Excise. All Directors General of CBEC /CDR, CESTAT. All Commissioners of Customs & Central Excise. Sir/Madam, Subject : Norms for Execution of Bank Guarantee in respect of Advance Authorization/Duty Free Import Authorization (DFIA)/Export Promotion Capital Goods (EPCG) Schemes - Regarding. The undersigned is directed to invite your attention to Circular .....

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..... tee on the ground that penalty imposed on them was on account of offences which were technical in nature. It has been suggested that exemption from Bank Guarantee may not be denied in cases of technical offences. 3. The issue has been examined. It is noted that the Board has recently relaxed the criteria for accreditation of importers under the Accredited Clients Programme (ACP) vide Circula .....

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..... schemes. (d) Cases wherein Customs/Excise duties and Service Tax has been collected but not deposited with the exchequer. (e) Cases of non-registration with the Department with intent to evade payment of duty/tax. 4. It has been decided that the above criteria may be adopted and para 3.2(c) of Circular No. 58/2004-Cus. modified to this extent. Thus offences, other than those stipulated at .....

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..... ll ensure that some of the affidavits furnished are cross checked randomly with the field formations for their veracity. 5. These instructions may be brought to the notice of the trade/exporters by issuing suitable Trade/Public Notices. Suitable Standing orders/instructions may be issued for the guidance of the assessing officers. Difficulties faced, if any, in implementation of the Circular .....

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