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<h1>India Eases Export Rules: No More Bank Guarantees for Regular Exporters Under Central Excise Rules 13 and 14.</h1> The Government of India, Ministry of Finance, issued a circular on February 11, 1988, implementing a recommendation from the Collectors' Conference held in November 1987. The circular states that regular exporters of excisable goods are no longer required to provide bank guarantees or securities for export bonds under rules 13 and 14 of the Central Excise Rules, 1944. This measure aims to promote exports by easing financial requirements for registered exporters, including export houses. A trade notice is to be issued to inform the relevant parties of this change.