Bond and Bank Guarantee permit vehicle clearance under Carnet-de-Passage in lieu of IGST subject to prescribed conditions. Vehicles imported under Carnet-de-Passage may be cleared on the basis of a Bond and Bank Guarantee in lieu of IGST, provided the importer satisfies the conditions prescribed in the applicable customs notification; this clarification is an addendum to Trade Facility No. 08/2018 and is directed to stakeholders for implementation.
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 and Bank Guarantee permit vehicle clearance under Carnet-de-Passage in lieu of IGST subject to prescribed conditions.
Vehicles imported under Carnet-de-Passage may be cleared on the basis of a Bond and Bank Guarantee in lieu of IGST, provided the importer satisfies the conditions prescribed in the applicable customs notification; this clarification is an addendum to Trade Facility No. 08/2018 and is directed to stakeholders for implementation.
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