TMI BlogRevised Norms for Execution of Bank Guarantee under Advance Authorisation, DFIA and EPCG SchemesX X X X Extracts X X X X X X X X Extracts X X X X ..... n) 4th Floor, Jeevan Deep Building, Parliament Street, New Delhi Dated 13th September, 2019 To All Principal Chief Commissioners/ Chief Commissioners of Customs/Customs (Preventive)/ Central Tax/Central Excise and All Principal Directors General/Directors General under CBIC Madam/Sir, Subject:- Revised Norms for Execution of Ba ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... dated 18.01.2011 , 08/2013-Cus dated 04.03.2013 and 15/2014-Cus dated 18.12.2014 inter alia prescribes the norms for execution of Bond/Bank Guarantee in respect of imports made under the AA, DFIA and EPCG Schemes. The said Circular and amending Circular No. 17/2009-Cus dated 25.05.2009 extend exemption from execution of Bank Guarantee based on export turnover, quantum of duty, tax paid etc. ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... financial year shall also be eligible to claim exemption from furnishing Bank Guarantee under category (e) of importers specified in Table given in para 3.1 of the said Circular. 4. In order to avoid difficulties in the GST regime regarding furnishing of proof of export performance or payment of duty required to be certified by the jurisdictional Superintendent of Central Excise (para 3.2 ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... o on the lines of similar facility available earlier. The Chartered Accountant will mention his GSTIN and other registration details in the certificate on the lines stipulated earlier. 5. The other provisions of the said Circular, as amended from time to time, remain unchanged. A suitable Trade Notice and Standing Order may be issued for the guidance of the trade and staff. Difficulties f ..... X X X X Extracts X X X X X X X X Extracts X X X X
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