Partial discharge of bonds: proportionate online crediting as export obligations are fulfilled, streamlining bond release. Partial discharge of bonds and bank guarantees for gold imports will be credited proportionately as export obligations are fulfilled through an online mechanism in ICES 1.5, subject to prescribed documentation evidencing export fulfilment and application of existing standard operating procedures and timelines for expeditious bond discharge.
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Provisions expressly mentioned in the judgment/order text.
Partial discharge of bonds: proportionate online crediting as export obligations are fulfilled, streamlining bond release.
Partial discharge of bonds and bank guarantees for gold imports will be credited proportionately as export obligations are fulfilled through an online mechanism in ICES 1.5, subject to prescribed documentation evidencing export fulfilment and application of existing standard operating procedures and timelines for expeditious bond discharge.
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