With out bank gurantee b 17 bond renewal

[Suvarna Kumar]

Have any time limit for B- 17 General bond renewal if bank Guarntee is not required

[YAGAY andSUN]

There is no time limit as such provided the bond amount has not been exhausted.

AI Summary

Bond renewal without bank guarantee allowed where bond amount remains unexhausted, no prescribed time limit applies. No fixed temporal limit applies to renewal of a general bond when a bank guarantee is not provided, provided the bond amount has not been exhausted; renewal may proceed while bond coverage remains available, subject to excise compliance and accounting for the unutilised bond amount.