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of <h1>India Revises Customs Rules: Notification 44/2016 Updates Bonds, In-Bond Movements, and Debonding Procedures Effective August 13, 2016.</h1> The Government of India, through the Ministry of Finance, has issued Notification No. 44/2016-Customs, amending Notification No. 52/2003-Customs dated March 31, 2003. Effective from August 13, 2016, these amendments revise conditions related to customs bonds, in-bond movement procedures, and debonding. Specific changes include the substitution of terms in various conditions, updating references from the Baggage Rules, 1998 to 2016, and altering requirements for the installation of equipment and secure storage of goods. The amendments aim to streamline customs procedures and clarify operational requirements for units handling duty-free goods.
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