https://www.taxtmi.com/circulars?id=55310 Bank guarantees submitted to the Customs House must incorporate a self renewal clause keeping the guarantee operative until its conditions are fulfilled and must follow the prescribed format specified by RBI. Importers, exporters and CHAs are responsible for ensuring guarantees remain in force until duly invoked or released; guarantees without the automatic renewal clause or correct format will not be accepted. Existing guarantees must be amended by addendum within one month of this notice. en-us Mon, 09 Aug 2010 00:00:00 +0530 Tue, 06 Dec 2016 12:49:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/circulars?id=55310 Bank guarantees submitted to the Customs House must incorporate a self renewal clause keeping the guarantee operative until its conditions are fulfilled and must follow the prescribed format specified by RBI. Importers, exporters and CHAs are responsible for ensuring guarantees remain in force until duly invoked or released; guarantees without the automatic renewal clause or correct format will not be accepted. Existing guarantees must be amended by addendum within one month of this notice. Circulars Customs Mon, 09 Aug 2010 00:00:00 +0530 https://www.taxtmi.com/circulars?id=55310