Security instrument amendment: inclusion of bank guarantee alongside fixed deposit receipt for customs conditions under customs regulation. The Central Government amends the Annexure to Notification No. 12/2012 by substituting in Condition No. 93 the words 'Fixed Deposit Receipt' with 'Fixed Deposit Receipt or Bank Guarantee', thereby permitting a bank guarantee as an alternative form of security for the specified import-related condition under the customs notification.
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Provisions expressly mentioned in the judgment/order text.
Security instrument amendment: inclusion of bank guarantee alongside fixed deposit receipt for customs conditions under customs regulation.
The Central Government amends the Annexure to Notification No. 12/2012 by substituting in Condition No. 93 the words "Fixed Deposit Receipt" with "Fixed Deposit Receipt or Bank Guarantee", thereby permitting a bank guarantee as an alternative form of security for the specified import-related condition under the customs notification.
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