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Introducing the “In Favour Of” filter in Case Laws.
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of <h1>Ministry of Finance Urges Prompt Re-crediting of Bond Values for Cargo Transshipment in ICES 1.5 to Avoid Delays.</h1> The circular addresses issues with the re-crediting of bond values for cargo transshipped between air cargo complexes. It highlights that while the bond value is debited when cargo is moved, delays occur in re-crediting the bond at the destination. The Ministry of Finance instructs all Chief Commissioners of Customs and Central Excise to ensure prompt re-crediting of bond values in the Indian Customs EDI System (ICES) 1.5 to facilitate smooth transshipment operations.
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