Import procedure for duty free gold, silver, platinum requires home consumption clearance, bonds, guarantees and exporter proof of export. Nominated agencies importing duty free gold, silver and platinum under notification 57/2000 must clear such consignments on a bill of entry for home consumption; warehousing under Chapter IX is inapplicable. Transitionally, ex bond bills under section 68 may be filed until 13 August 2016 and existing vaults may be used. Agencies must execute bonds and furnish a 25% bank guarantee (subject to exemptions for designated banks/PSUs meeting non default conditions), maintain accounts, submit monthly exporter wise reports, and ensure exporters produce export proofs; duty becomes payable if export obligations are not met.