Bond without surety permitted for eligible importers under Advance Licence and EPCG schemes, reducing surety requirements. For imports under the Advance Licence and EPCG schemes, specified categories of importers (including Star Export Houses and Public Sector Undertakings) may execute a bond without surety; all other conditions and checks in the earlier Circular remain unchanged, and Public Notices and Standing Orders should be issued with implementation difficulties to be reported to the Board.
Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
Provisions expressly mentioned in the judgment/order text.
Bond without surety permitted for eligible importers under Advance Licence and EPCG schemes, reducing surety requirements.
For imports under the Advance Licence and EPCG schemes, specified categories of importers (including Star Export Houses and Public Sector Undertakings) may execute a bond without surety; all other conditions and checks in the earlier Circular remain unchanged, and Public Notices and Standing Orders should be issued with implementation difficulties to be reported to the Board.
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