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    <title>Grant of exemption from furnishing Security/Bank guarantee by Central/State Government Undertakings for storing sensitive goods in private bonded warehouses – regarding.</title>
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    <description>The Circular exempts all Central and State Public Sector Undertakings from furnishing a bank guarantee or other form of security for storing sensitive goods in duty free shops they operate, while maintaining the obligation to execute a double duty bond and to comply with other licensing conditions under the private bonded warehouse procedure; public notice and standing order publication is directed and implementation difficulties must be reported to the Board.</description>
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