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of <h1>Public Sector Undertakings Exempt from Bank Guarantees for Inter-City Goods Transfer Between Bonded Warehouses; Transit Bond Required.</h1> Central and State Public Sector Undertakings are exempted from providing bank guarantees or security for inter-city transfer of goods between bonded warehouses. This exemption aligns with similar relaxations provided for transshipment of goods from gateway ports to feeder ports. However, a transit bond must still be executed. This decision follows a request from a government undertaking and is intended to ease procedural requirements for public sector entities. The circular instructs relevant authorities to inform their field formations and trade sectors of this exemption.
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