Export under bond allowed for capital goods to Nepal upon bond execution, bank payment certificate, and procedural compliance. Amendment allows export of specified capital goods to Nepal under bond when exported against a global tender and payment is received in Indian currency, provided the exporter executes the bond and follows Appendix II procedure and furnishes a bank certificate of full payment; upon receipt of that certificate and satisfaction of bond conditions the Collector shall discharge the exporter of bond liabilities.
Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
Provisions expressly mentioned in the judgment/order text.
Export under bond allowed for capital goods to Nepal upon bond execution, bank payment certificate, and procedural compliance.
Amendment allows export of specified capital goods to Nepal under bond when exported against a global tender and payment is received in Indian currency, provided the exporter executes the bond and follows Appendix II procedure and furnishes a bank certificate of full payment; upon receipt of that certificate and satisfaction of bond conditions the Collector shall discharge the exporter of bond liabilities.
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