https://www.taxtmi.com/circulars?id=60936 Authority is delegated to Jurisdictional Deputy or Assistant Commissioners to waive bank guarantees and accept bonds without bank guarantees for exports, subject to exclusions: prosecution for tax evasion; fresh registrants ineligible for LUT; prior breach of bond conditions; failure to deposit collected tax/duty; default in filing required returns; and default in payment of revenue arrears where no appeal is pending or dispute is final. A prescribed self declaration confirming none of these exclusions applies must be obtained when accepting a bond without a bank guarantee. en-us Mon, 14 Aug 2017 00:00:00 +0530 Mon, 13 May 2019 17:26:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/circulars?id=60936 Authority is delegated to Jurisdictional Deputy or Assistant Commissioners to waive bank guarantees and accept bonds without bank guarantees for exports, subject to exclusions: prosecution for tax evasion; fresh registrants ineligible for LUT; prior breach of bond conditions; failure to deposit collected tax/duty; default in filing required returns; and default in payment of revenue arrears where no appeal is pending or dispute is final. A prescribed self declaration confirming none of these exclusions applies must be obtained when accepting a bond without a bank guarantee. Circulars GST Mon, 14 Aug 2017 00:00:00 +0530 https://www.taxtmi.com/circulars?id=60936