TMI BlogGST - Waiver from Bank Guarantee on executing BondX X X X Extracts X X X X X X X X Extracts X X X X ..... Dated: 14-08-2017 GST TRADE NOTICE NO. 14/2017 Sub: GST - Waiver from Bank Guarantee on executing Bond - Reg. Reference is invited to Para 5 of the Circular No.4/4/2017 GST dated 07.07.2017 wherein it has been clarified that Form RFD -11 under Rule 96A of the CGST Rules requires furnishing of bank guarantee with bond. Field formation ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... the Central Goods and Service Tax Act, 2017 (12 of 2017), the undersigned hereby delegates the power to waive the bank guarantee to Jurisdictional Deputy or Assistant Commissioners, as the case may be, of the GST Central Excise Divisions in all cases of supply of goods or services for export except the following: a) Exporter has been prosecuted, or under prosecution, for tax evasi ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... declaration that the exporter does not fall under any of the aforementioned categories in the enclosed format shall be obtained while accepting a bond without a bank guarantee. 4. Any difficulties in enforcing these instructions may be brought to the notice of the undersigned instantly for quick remedy. (U. NIRANJAN) COMMISSIONER - Circular ..... X X X X Extracts X X X X X X X X Extracts X X X X
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