https://www.taxtmi.com/circulars?id=53145 A proviso is added to para 3.2 of Circular No. 58/2004-Customs permitting the jurisdictional Commissioner of Customs, for reasons recorded on file, to decide that full bank guarantee is not justified where there is an absence of risk to revenue, thereby preventing automatic elevation to full BG following past penalization and enabling case-by-case retention of BG exemptions under Advance License and EPCG schemes. en-us Thu, 18 Dec 2014 00:00:00 +0530 Fri, 19 Dec 2014 11:36:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/circulars?id=53145 A proviso is added to para 3.2 of Circular No. 58/2004-Customs permitting the jurisdictional Commissioner of Customs, for reasons recorded on file, to decide that full bank guarantee is not justified where there is an absence of risk to revenue, thereby preventing automatic elevation to full BG following past penalization and enabling case-by-case retention of BG exemptions under Advance License and EPCG schemes. Circulars Customs Thu, 18 Dec 2014 00:00:00 +0530 https://www.taxtmi.com/circulars?id=53145