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Waiver of Bank Guarantee for Procurement without payment of duty

Customs - Started By: - SNEHAL SHAH - Dated:- 2-3-2016 Last Replied Date:- 2-3-2016 - Dear sir, We are Mfg of Chemical and pharma product and wants to procure materials under Customs (Import of goods at concessional rate of duty for manufacturing of .....

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e valuable feedback . regards, SNE - Reply By Atul Deshmukh - The Reply = Dear Snehal, Since you are Status Holder, you need not to execute Bank Guarantee (BG) at the time of duty free imports against Advance Authorisation (Chapter 4 of FTP). Instead .....

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