https://www.taxtmi.com/circulars?id=1047 Nominated Agencies may import gold, silver and platinum into licensed bonded vaults on furnishing a bond to account for warehoused metal and to meet duty liability if export obligations are unmet. Agencies may use general or revolving bonds, are exempt from separate bank guarantees and double lock requirements, must segregate duty free and duty paid stocks, permit co storage with segregation, and remain subject to random audits. Exporters must register and produce a certificate or declaration; agencies submit consolidated monthly exporter wise statements and must deposit duty for unexported quantities promptly and report failures to the Customs Commissioner. en-us Mon, 20 Apr 1998 00:00:00 +0530 Tue, 19 Aug 2025 15:29:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/circulars?id=1047 Nominated Agencies may import gold, silver and platinum into licensed bonded vaults on furnishing a bond to account for warehoused metal and to meet duty liability if export obligations are unmet. Agencies may use general or revolving bonds, are exempt from separate bank guarantees and double lock requirements, must segregate duty free and duty paid stocks, permit co storage with segregation, and remain subject to random audits. Exporters must register and produce a certificate or declaration; agencies submit consolidated monthly exporter wise statements and must deposit duty for unexported quantities promptly and report failures to the Customs Commissioner. Circulars Customs Mon, 20 Apr 1998 00:00:00 +0530 https://www.taxtmi.com/circulars?id=1047