https://www.taxtmi.com/acts?id=19442 Appendix 25A prescribes an unconditional, irrevocable bank guarantee payable on demand to secure losses to the Government arising from breach of an import/export Authorisation, including failure to meet export obligations; a demand by the Government is conclusive and payable despite disputes. The guarantee is continuing, not revocable without Government consent, remains enforceable until the Licensing authority certifies discharge or the prescribed claim period lapses, and is unaffected by variations, extensions, forbearance, or changes in the constitution of parties. en-us Tue, 14 Apr 2015 10:46:08 +0530 Fri, 17 Apr 2015 16:46:56 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=19442 Appendix 25A prescribes an unconditional, irrevocable bank guarantee payable on demand to secure losses to the Government arising from breach of an import/export Authorisation, including failure to meet export obligations; a demand by the Government is conclusive and payable despite disputes. The guarantee is continuing, not revocable without Government consent, remains enforceable until the Licensing authority certifies discharge or the prescribed claim period lapses, and is unaffected by variations, extensions, forbearance, or changes in the constitution of parties. Act-Rules DGFT Tue, 14 Apr 2015 10:46:08 +0530 https://www.taxtmi.com/acts?id=19442