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of <h1>Finance Ministry Extends Customs Clearance Flexibility: Undertakings Accepted Until June 15, Bonds Due by June 30.</h1> Circular No. 26/2020 issued by the Ministry of Finance on May 29, 2020, extends the relaxation provided under Circular No. 17/2020, which allowed the acceptance of undertakings instead of bonds for customs clearance due to the COVID-19 lockdown. Initially set to expire on May 30, 2020, this facility is now extended until June 15, 2020, with the deadline for submitting proper bonds extended to June 30, 2020. The conditions from the original circular remain unchanged, and the situation will be reviewed at the end of the lockdown. Stakeholders are advised to issue appropriate notices and report any implementation issues.
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