https://www.taxtmi.com/circulars?id=55935 The Board confirms that the B-17 running bond satisfies the continuity bond requirement under the Customs (Import of Goods at Concessional Rate of Duty) Rules, 2017; units may provide estimated import quantities and values for up to one year but may submit shorter periods and amend information as needed. For a transitional period, units may use Rule 5 procedures or procurement certificates for imports. Inter unit transfers must be invoiced with GST, without immediate customs duty payment; suppliers must endorse customs exemption availed and recipients are liable for basic customs duty when goods or finished products enter the domestic tariff area. en-us Mon, 17 Jul 2017 00:00:00 +0530 Mon, 17 Jul 2017 18:46:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/circulars?id=55935 The Board confirms that the B-17 running bond satisfies the continuity bond requirement under the Customs (Import of Goods at Concessional Rate of Duty) Rules, 2017; units may provide estimated import quantities and values for up to one year but may submit shorter periods and amend information as needed. For a transitional period, units may use Rule 5 procedures or procurement certificates for imports. Inter unit transfers must be invoiced with GST, without immediate customs duty payment; suppliers must endorse customs exemption availed and recipients are liable for basic customs duty when goods or finished products enter the domestic tariff area. Circulars Customs Mon, 17 Jul 2017 00:00:00 +0530 https://www.taxtmi.com/circulars?id=55935