Bond security requirements for export removals require manufacturers to submit prescribed bond or LUT with supporting documents. Manufacturers seeking removal of excisable goods for export without payment of duty must execute either a General Bond With Surety or a Letter Of Undertaking on non judicial stamp paper in prescribed CBEC formats, signed by the authorized signatory with identity proof and board resolution, and submit Central Excise registration, Import Export Code, VAT registration, and supporting export documentation; bonds must include a computation of duty liability and, unless exempt, be backed by a bank guarantee or fixed deposit receipt valid for two years with auto renewal.
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 security requirements for export removals require manufacturers to submit prescribed bond or LUT with supporting documents.
Manufacturers seeking removal of excisable goods for export without payment of duty must execute either a General Bond With Surety or a Letter Of Undertaking on non judicial stamp paper in prescribed CBEC formats, signed by the authorized signatory with identity proof and board resolution, and submit Central Excise registration, Import Export Code, VAT registration, and supporting export documentation; bonds must include a computation of duty liability and, unless exempt, be backed by a bank guarantee or fixed deposit receipt valid for two years with auto renewal.
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