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    <title>B-17 Bond, Bond Amount, Execution of Bond, Waiver of Bank Guarantee, Acceptance of the Bond, Bond Register</title>
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    <description>B-17 Bond secures duty foregone for duty-free imports, domestic procurement and movements under the EOU scheme; bond amount equals a composite of capital-goods-related duty liability and a three-month input duty liability, with additional bonds required if insufficient. Units must furnish either surety or a Bank Guarantee at the prescribed rate with solvency certification for sureties, while qualifying long-standing exporters may receive a waiver. Bonds are executed by authorised corporate officers on non-judicial stamp paper, recorded in the jurisdictional bond register, and debited/credited upon procurement certificates, imports, or clearances according to rules for capital goods and inputs; monitoring and final debonding is carried out by the Assistant/Deputy Commissioner.</description>
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    <pubDate>Sun, 13 Sep 2015 16:29:00 +0530</pubDate>
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      <description>B-17 Bond secures duty foregone for duty-free imports, domestic procurement and movements under the EOU scheme; bond amount equals a composite of capital-goods-related duty liability and a three-month input duty liability, with additional bonds required if insufficient. Units must furnish either surety or a Bank Guarantee at the prescribed rate with solvency certification for sureties, while qualifying long-standing exporters may receive a waiver. Bonds are executed by authorised corporate officers on non-judicial stamp paper, recorded in the jurisdictional bond register, and debited/credited upon procurement certificates, imports, or clearances according to rules for capital goods and inputs; monitoring and final debonding is carried out by the Assistant/Deputy Commissioner.</description>
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