https://www.taxtmi.com/circulars?id=62406 Precious metals imported duty free by nominated agencies under notification 57/2000-Cus cannot be warehoused under Chapter IX and must be cleared on bill of entry for home consumption; transitional ex-bond filing and continued storage in existing vaults are permitted. Nominated agencies must execute bonds and furnish a 25% bank guarantee (subject to specified exemptions), maintain accounts, submit monthly exporter-wise returns, and deposit duty where exporters fail to produce proof of export within the FTP period. Exporters must register, undertake to export within FTP timelines, and provide export documentation and bank realization certificates. en-us Wed, 15 Jun 2016 00:00:00 +0530 Fri, 13 Sep 2019 11:43:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/circulars?id=62406 Precious metals imported duty free by nominated agencies under notification 57/2000-Cus cannot be warehoused under Chapter IX and must be cleared on bill of entry for home consumption; transitional ex-bond filing and continued storage in existing vaults are permitted. Nominated agencies must execute bonds and furnish a 25% bank guarantee (subject to specified exemptions), maintain accounts, submit monthly exporter-wise returns, and deposit duty where exporters fail to produce proof of export within the FTP period. Exporters must register, undertake to export within FTP timelines, and provide export documentation and bank realization certificates. Circulars Customs Wed, 15 Jun 2016 00:00:00 +0530 https://www.taxtmi.com/circulars?id=62406