Security requirement for duty-free SEZ goods: bond and surety previously mandated, later omitted by amendment. Provision required that goods admitted free of duty to a Special Economic Zone or under transhipment to and from such zone without payment of duty be subject to execution of a bond and such surety or security as specified in rules; that statutory bond-and-surety requirement was later omitted by legislative amendment.
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Provisions expressly mentioned in the judgment/order text.
Security requirement for duty-free SEZ goods: bond and surety previously mandated, later omitted by amendment.
Provision required that goods admitted free of duty to a Special Economic Zone or under transhipment to and from such zone without payment of duty be subject to execution of a bond and such surety or security as specified in rules; that statutory bond-and-surety requirement was later omitted by legislative amendment.
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