https://www.taxtmi.com/circulars?id=1639 The circular prescribes a uniform procedure for temporary admission of durable containers: the bond must be a continuity bond executed by the shipping line, NVOCC, steamer agents or their authorised representatives; it should cover only the duty element of the imported containers and not the cargo, and no bank guarantee or security is required. Bond validity is one year, extendable on request. Until an automated matching module is available, monitoring of temporary importation periods will be manual, and time extensions shall follow existing extension procedures. en-us Mon, 25 Jul 2005 00:00:00 +0530 Sat, 28 Feb 2009 12:55:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/circulars?id=1639 The circular prescribes a uniform procedure for temporary admission of durable containers: the bond must be a continuity bond executed by the shipping line, NVOCC, steamer agents or their authorised representatives; it should cover only the duty element of the imported containers and not the cargo, and no bank guarantee or security is required. Bond validity is one year, extendable on request. Until an automated matching module is available, monitoring of temporary importation periods will be manual, and time extensions shall follow existing extension procedures. Circulars Customs Mon, 25 Jul 2005 00:00:00 +0530 https://www.taxtmi.com/circulars?id=1639