Mis-declaration in import descriptions must be deliberate to justify confiscation; withheld contemporaneous import documents invalidate value redeterm...
Liability for EPCG export shortfall: duty and interest sustained, but confiscation and penalties quashed where no fraud and causes beyond importer con...
Notification implements a Single Unified Multi-Purpose Electronic Bond (SEB) for customs transactions, permitting importers/exporters to select and later modify obligations, electronically execute bonds with e-stamp payment and e-signature without notary, and link and verify electronic bank guarantees via NeSL and ICEGATE integration; list of integrated banks appears in Annexure-H of the referenced CBIC circular. Manual bonds and bank guarantees will no longer be accepted in the Nagpur Commissionerate from 10 February 2026, subject to temporary technical exceptions and a nominated nodal officer and escalation procedure for grievance resolution.
Notification implements a Single Unified Multi-Purpose Electronic Bond (SEB) for customs transactions, permitting importers/exporters to select and later modify obligations, electronically execute bonds with e-stamp payment and e-signature without notary, and link and verify electronic bank guarantees via NeSL and ICEGATE integration; list of integrated banks appears in Annexure-H of the referenced CBIC circular. Manual bonds and bank guarantees will no longer be accepted in the Nagpur Commissionerate from 10 February 2026, subject to temporary technical exceptions and a nominated nodal officer and escalation procedure for grievance resolution.
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