Bond discharge procedures require electronic submission of prescribed export documents with timed acknowledgements to expedite release. A time bound electronic procedure requires nominated agencies/banks to submit prescribed proof-of-export documents (EP copy of shipping bill, Customs attested invoice, bank realization certificate/eBRC) to a designated Customs e mail; Customs must acknowledge within 24 hours, issue deficiency memos within five days when required, allow seven days for submission of additional documents, confirm export within seven days of receipt, and discharge the bond within seven days of confirmation.
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 discharge procedures require electronic submission of prescribed export documents with timed acknowledgements to expedite release.
A time bound electronic procedure requires nominated agencies/banks to submit prescribed proof-of-export documents (EP copy of shipping bill, Customs attested invoice, bank realization certificate/eBRC) to a designated Customs e mail; Customs must acknowledge within 24 hours, issue deficiency memos within five days when required, allow seven days for submission of additional documents, confirm export within seven days of receipt, and discharge the bond within seven days of confirmation.
Full Summary is available for active users!
Note: It is a system-generated summary and is for quick reference only.