TaxTMI 
TaxTMI 
VALIDITY OF B-17 BOND
14 Jan 2011 
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B-17 bond validity: renewal under a different bond number permits clearance under the original CT-3 if LoP remains in force.
Where an EOU's original B-17 bond expired at despatch but was subsequently renewed under a different bond number, renewal is a formality and, provided the Letter of Permission remains in force, the goods may be cleared on the original CT-3 without issuing a fresh CT-3; ensure receipt of the re-warehousing certificate within the prescribed period after clearance. (AI Summary)
Where an EOU's original B-17 bond expired at despatch but was subsequently renewed under a different bond number, renewal is a formality and, provided the Letter of Permission remains in force, the goods may be cleared on the original CT-3 without issuing a fresh CT-3; ensure receipt of the re-warehousing certificate within the prescribed period after clearance. (AI Summary)
One of our customer issued CT-3 to clear the materials. On date of despatch we noticed that his bond validity is over five days before. We contacted to party regd tha same and received copy of letter of acceptance of B-17 Bond under different Bond number that earlier when he issued CT-3. Can we clear the material on basis of earlier CT-3 on today since Customer done renewal of B-17 Bond with different Bond Number. pl. advice