Bank Guarantee

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..... Bank Guarantee
Query (Issue) Started By: - Girdhari Yadav Dated:- 3-1-2017 Last Reply Date:- 4-1-2017 Central Excise
Got 2 Replies
Central Excise
Is this necessary to give a bank guarante .....

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..... e in auto renewal form for any type of bond. Reply By KASTURI SETHI: The Reply: Surety bond does not require Bank Guarantee. It is to be renewed before the date of expiry of the bond. Security bond .....

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..... requires Bank Guarantee. Without renewal of Bank Guarantee, Security Bond is incomplete. The department always keeps watch to protect revenue. Reply By MARIAPPAN GOVINDARAJAN: The Reply: Bank guaran .....

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..... tee is for certain period. If the period expires the bank guarantee also expires. In auto renewal if the period of bank guarantee then fresh bank guarantee is to be given. It is my view.
Discussio .....

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..... n Forum - Knowledge Sharing .....

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