Security for re-warehousing: reduced bank guarantee with transit bond for export-oriented units, conditional on prompt re-warehousing certificates. Customs security for 100% EOU/EHTP/EPZ re-warehousing: for the first three years, movement allowed on a transit bond equal to duty plus a 5% bank guarantee, on condition that re-warehousing certificates are produced within three weeks of dispatch; failure leads to consignments allowed only on transit bond with full bank guarantee. If a unit installs capital goods, produces and exports as required and provides the certificates, the Collector may recommend subsequent in-bond imports on a bond without bank guarantee, subject to continued timely certificate production.
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.
Security for re-warehousing: reduced bank guarantee with transit bond for export-oriented units, conditional on prompt re-warehousing certificates.
Customs security for 100% EOU/EHTP/EPZ re-warehousing: for the first three years, movement allowed on a transit bond equal to duty plus a 5% bank guarantee, on condition that re-warehousing certificates are produced within three weeks of dispatch; failure leads to consignments allowed only on transit bond with full bank guarantee. If a unit installs capital goods, produces and exports as required and provides the certificates, the Collector may recommend subsequent in-bond imports on a bond without bank guarantee, subject to continued timely certificate production.
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