Form No. Proforma of B-3 Bond - Proforma of Running bond Account to be maintained by Exporter in the warehouse in respect of B-3 (General Security) Bonds - [See Rule 20(2) read with C.B.E. & C. Circular No. 581/18/2001-CX]
Contents
Circulars
Rules & Regulations
Summary
Note
Bookmark
Share
✓ Copied successfully !
Print
Print Options
For full text, please login
Login to TaxTMI
Verification Pending
The Email Id has not been verified. Click on the link we have sent on
Running bond account maintenance requires provisional debits at CT-1A, conversion on ARE-3 and credits on proof of export. Maintenance of a Running Bond Account in the warehouse is required for exporters against B-3 General Security bonds to record bond details, opening ... Summary
Running bond account maintenance requires provisional debits at CT-1A, conversion on ARE-3 and credits on proof of export.
Maintenance of a Running Bond Account in the warehouse is required for exporters against B-3 General Security bonds to record bond details, opening balance, separate debit and credit entries, and running balance in rupee terms. Provisional debits are made at CT-1A issuance, converted to actual debits on receipt of ARE-3, and credits are posted on acceptance of proof of export or execution of a fresh bond.
Full Summary is available for active users!
Note: It is a system-generated summary and is for quick reference only.