https://www.taxtmi.com/circulars?id=62413 The prior requirement to collect interest before allowing extensions of warehousing, and to issue demand notices for such interest, is removed. Interest, if payable, shall be paid at the time of ex bonding. In lieu of upfront interest collection, importers must furnish a bank guarantee (a percentage of duty and interest) before an extension is granted, with specified industry exemptions. en-us Fri, 03 Jun 2016 00:00:00 +0530 Fri, 13 Sep 2019 14:22:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/circulars?id=62413 The prior requirement to collect interest before allowing extensions of warehousing, and to issue demand notices for such interest, is removed. Interest, if payable, shall be paid at the time of ex bonding. In lieu of upfront interest collection, importers must furnish a bank guarantee (a percentage of duty and interest) before an extension is granted, with specified industry exemptions. Circulars Customs Fri, 03 Jun 2016 00:00:00 +0530 https://www.taxtmi.com/circulars?id=62413