<?xml version="1.0" encoding="UTF-8"?>
<?xml-stylesheet type="text/xsl" href="https://www.taxtmi.com/rss_sitemap/rss_feed_blog.xsl?v=1750492856"?>
<rss version="2.0" xmlns:atom="http://www.w3.org/2005/Atom">
  <channel>
    <title>Cancellation of LUT BOND/BG</title>
    <link>https://www.taxtmi.com/circulars?id=61985</link>
    <description>Cancellation of bonds or letters of undertaking (LUT/BG) will follow documentary and, where selected, physical verification of exports and EODCs. Of 470 EODCs received, specified cohorts have been selected for verification (including four on DGFT prescription and twenty-two from the non prescribed group), thirty-one cases require deemed-export verification, and 413 cases are administratively accepted on submission of the original Advance Licence, EODC and a No Bond Certificate issued by DGFT. Affected licence-holders must submit required documents as per Annexure A of Public Notice No.11/2011 by the prescribed deadline to enable cancellation of BG/LUT.</description>
    <language>en-us</language>
    <pubDate>Mon, 01 Apr 2019 00:00:00 +0530</pubDate>
    <lastBuildDate>Thu, 25 Jul 2019 11:22:00 +0530</lastBuildDate>
    <generator>TaxTMI RSS Generator</generator>
    <atom:link href="https://www.taxtmi.com/rss_feed_blog?id=581127" rel="self" type="application/rss+xml"/>
    <item>
      <title>Cancellation of LUT BOND/BG</title>
      <link>https://www.taxtmi.com/circulars?id=61985</link>
      <description>Cancellation of bonds or letters of undertaking (LUT/BG) will follow documentary and, where selected, physical verification of exports and EODCs. Of 470 EODCs received, specified cohorts have been selected for verification (including four on DGFT prescription and twenty-two from the non prescribed group), thirty-one cases require deemed-export verification, and 413 cases are administratively accepted on submission of the original Advance Licence, EODC and a No Bond Certificate issued by DGFT. Affected licence-holders must submit required documents as per Annexure A of Public Notice No.11/2011 by the prescribed deadline to enable cancellation of BG/LUT.</description>
      <category>Circulars</category>
      <law>Customs</law>
      <pubDate>Mon, 01 Apr 2019 00:00:00 +0530</pubDate>
      <guid isPermaLink="true">https://www.taxtmi.com/circulars?id=61985</guid>
    </item>
  </channel>
</rss>