Amendment in Appendix 25A, HBP Vol.I (Appendices and Aayat Niryat Forms) regarding periodicity of Bank Guarantee (BG) to be executed with Regional Authorities in case of domestic procurement of goods against EPCG authorization.

Amendment in Appendix 25A, HBP Vol.I (Appendices and Aayat Niryat Forms) regarding periodicity of Bank Guarantee (BG) to be executed with Regional Authorities in case of domestic procurement of goods against EPCG authorization. https://www.taxtmi.com/circulars?id=8550 The Appendix 25A note is replaced to require the Bond/BG to be filed for a minimum period of three years with an undertaking to keep the BG alive for the entire export-obligation term, thereby harmonising BG validity with customs practice. The BG format is updated to include E-mail ID and phone/fax contact details of the exporter/importer and the bank guarantor. en-us Wed, 09 Mar 2011 00:00:00 +0530 Thu, 10 Mar 2011 10:13:00 +0530 TaxTMI RSS Generator Amendment in Appendix 25A, HBP Vol.I (Appendices and Aayat Niryat Forms) regarding periodicity of Bank Guarantee (BG) to be executed with Regional Authorities in case of domestic procurement of goods against EPCG authorization. https://www.taxtmi.com/circulars?id=8550 The Appendix 25A note is replaced to require the Bond/BG to be filed for a minimum period of three years with an undertaking to keep the BG alive for the entire export-obligation term, thereby harmonising BG validity with customs practice. The BG format is updated to include E-mail ID and phone/fax contact details of the exporter/importer and the bank guarantor. Circulars DGFT Wed, 09 Mar 2011 00:00:00 +0530 https://www.taxtmi.com/circulars?id=8550