https://www.taxtmi.com/forum/issue?id=109967 Status Holders importing under Advance Authorisation need not furnish a bank guarantee; they must provide a Legal Undertaking (LUT) to the customs authority and execute a duly franked bond, with a corporate guarantee available as an alternative, consistent with Foreign Trade Policy privileges, Handbook of Procedures provisions, and supporting Customs Circulars. en-us Wed, 02 Mar 2016 13:50:30 +0530 Thu, 23 Jan 2025 15:56:30 +0530 TaxTMI RSS Generator https://www.taxtmi.com/forum/issue?id=109967 Status Holders importing under Advance Authorisation need not furnish a bank guarantee; they must provide a Legal Undertaking (LUT) to the customs authority and execute a duly franked bond, with a corporate guarantee available as an alternative, consistent with Foreign Trade Policy privileges, Handbook of Procedures provisions, and supporting Customs Circulars. Discussion-Forum Customs Wed, 02 Mar 2016 13:50:30 +0530 https://www.taxtmi.com/forum/issue?id=109967