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of <h1>New Circular Simplifies Export Procedures: Single Bond for Excisable Goods, Streamlined Documentation for Exporters.</h1> The circular addresses the simplification of export procedures for merchant and manufacturer-exporters dealing with excisable goods. Previously, exporters had to furnish multiple bonds with different Central Excise Commissioners, a process deemed cumbersome. The new procedure allows exporters to file a single bond with a designated Deputy/Assistant Commissioner of Central Excise (Exports) within their jurisdiction. This bond can be secured with a security or bank guarantee, with certain exemptions for recognized trading houses. The circular outlines the steps for executing bonds, obtaining certificates, and managing provisional debit entries, aiming to streamline documentation and facilitate exports from inland areas.
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