Electronic customs bond system simplifies multi-port compliance through a single unified bond and linked bank guarantees. The Customs administration has introduced the 'Ekal Anubandh' project to enable a single all-India multipurpose electronic bond for importers and exporters, with end-to-end digital execution through ICEGATE. The scheme is intended to replace separate transaction-wise bonds presently filed at different ports for multiple customs purposes, including provisional assessment, export promotion schemes, warehousing, and MOOWR-related procedures, thereby reducing administrative burden, physical record maintenance, time, and cost. The electronic bond may be executed with digital payment of stamp duty and electronic signature through integration with NeSL, without any requirement of notarisation, and may be linked online with electronic bank guarantees and bank guarantee verification.