https://www.taxtmi.com/forum/issue?id=115394 A bond executed for import at concessional rate of duty can be used as a running bond until the bond's secured duty value is exhausted; once exhausted a fresh bond must be executed and, unless the importer holds Authorised Economic Operator or Status Holder Certificate under the Foreign Trade Policy, a bank guarantee will also be required. en-us Fri, 06 Sep 2019 15:31:43 +0530 Thu, 23 Jan 2025 15:54:59 +0530 TaxTMI RSS Generator https://www.taxtmi.com/forum/issue?id=115394 A bond executed for import at concessional rate of duty can be used as a running bond until the bond's secured duty value is exhausted; once exhausted a fresh bond must be executed and, unless the importer holds Authorised Economic Operator or Status Holder Certificate under the Foreign Trade Policy, a bank guarantee will also be required. Discussion-Forum Customs Fri, 06 Sep 2019 15:31:43 +0530 https://www.taxtmi.com/forum/issue?id=115394