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of <h1>Customs Department Temporarily Relaxes Bond Requirement for Clearance Amid COVID-19; Submit Undertaking Instead Until April 30, 2020.</h1> The Customs Department issued a notice to relax the requirement of submitting bonds for Customs clearance during the COVID-19 pandemic. This temporary measure, effective until April 30, 2020, aims to expedite the clearance process while maintaining trade facilitation. Importers and exporters, including government entities, manufacturers, and authorized operators, can submit an undertaking instead of a bond. The undertaking must be replaced with a proper bond by May 7, 2020. Specific conditions apply, and the relaxation may be reviewed post-lockdown. Importers/exporters must ensure compliance with statutory provisions, and any difficulties should be reported to the relevant Customs authorities.
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