Single unified electronic Customs bond enables all India multi purpose bond submission with e stamping, e signing and bank guarantee linkage. SEB permits importers/exporters to submit a Single All India Multi purpose Electronic Bond via ICEGATE selecting applicable obligations, with option to add obligations or increase bond amount later. Execution includes digital payment of stamp duty and electronic signatures through NeSL without notarisation; a unique bond number is generated and stored in NeSL and e Sanchit. Electronic Bank Guarantees may be issued by NeSL integrated banks, transmitted to NeSL, and linked and validated on ICEGATE for dashboard visibility; annexures specify formats, scenarios, BG quantum and technical messaging requirements.
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.
Single unified electronic Customs bond enables all India multi purpose bond submission with e stamping, e signing and bank guarantee linkage.
SEB permits importers/exporters to submit a Single All India Multi purpose Electronic Bond via ICEGATE selecting applicable obligations, with option to add obligations or increase bond amount later. Execution includes digital payment of stamp duty and electronic signatures through NeSL without notarisation; a unique bond number is generated and stored in NeSL and e Sanchit. Electronic Bank Guarantees may be issued by NeSL integrated banks, transmitted to NeSL, and linked and validated on ICEGATE for dashboard visibility; annexures specify formats, scenarios, BG quantum and technical messaging requirements.
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