https://www.taxtmi.com/circulars?id=62518 Precious metals imported duty free under the nominated agencies scheme are not to be warehoused under Chapter IX and must be cleared for home consumption; nominated agencies must execute bonds to maintain accounts and to discharge duty if exporters default, accompanied by a bank guarantee equal to 25% of estimated duty (with specified exemptions for designated banks and certain public undertakings). Exporters must register and provide undertakings or declarations and proof of export; nominated agencies must submit exporter wise monthly accounts and deposit duty on quantities not exported within the Foreign Trade Policy period. en-us Wed, 15 Jun 2016 00:00:00 +0530 Thu, 19 Sep 2019 15:10:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/circulars?id=62518 Precious metals imported duty free under the nominated agencies scheme are not to be warehoused under Chapter IX and must be cleared for home consumption; nominated agencies must execute bonds to maintain accounts and to discharge duty if exporters default, accompanied by a bank guarantee equal to 25% of estimated duty (with specified exemptions for designated banks and certain public undertakings). Exporters must register and provide undertakings or declarations and proof of export; nominated agencies must submit exporter wise monthly accounts and deposit duty on quantities not exported within the Foreign Trade Policy period. Circulars Customs Wed, 15 Jun 2016 00:00:00 +0530 https://www.taxtmi.com/circulars?id=62518