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of <h1>Central Board Eases Bond Security for Exports, Demands 24-Hour Bond Processing Under Central Excise Rules 13 & 14.</h1> The Central Board of Excise & Customs has addressed delays in accepting bonds for exports without duty payment under Rules 13 and 14 of the Central Excise Rules, 1944. To facilitate exports, the Board has relaxed the requirement for security or surety with such bonds for certain export categories. It mandates that submitted bonds be verified and accepted within 24 hours or the next working day by the Assistant Commissioner's office. Delays in this process will be taken seriously, emphasizing the priority and facilitation of exports.
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