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        Revised Form of Bond to be furnished for availing duty exemption under Advance License and EPCG Schemes

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        Bond wording revised for duty exemption under Advance License and EPCG, clarifying obligor compliance obligations. The notice reissues the revised Form of Bond for duty exemption under the Advance License and EPCG schemes and amends the bond condition so it reads: 'I/we, the obligor(s) fulfill all the conditions of the said notification and shall observe and comply with all its terms and conditions,' thereby clarifying the obligor's obligation to meet and comply with the notification's conditions when furnishing the bond.
                          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 wording revised for duty exemption under Advance License and EPCG, clarifying obligor compliance obligations.

                                The notice reissues the revised Form of Bond for duty exemption under the Advance License and EPCG schemes and amends the bond condition so it reads: "I/we, the obligor(s) fulfill all the conditions of the said notification and shall observe and comply with all its terms and conditions," thereby clarifying the obligor's obligation to meet and comply with the notification's conditions when furnishing the bond.


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