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    <title>Compliance of requirement of execution of bond in terms of section 59(5) of Customs Act</title>
    <link>https://www.taxtmi.com/circulars?id=62642</link>
    <description>Purchasers of warehoused imported goods must execute a consignment specific Triple duty bond with applicable security at the port of import before bond to bond transfer. The buyer&#039;s application to the port Bond Section must include seller confirmation, warehouse bill of entry details, description, value and duty, warehouse identity and the executed bond. Where EDI cannot receive subsequent buyer bonds the port will accept bonds manually and record them in a Bond Register, and will notify the Bond Officer of the warehouse of bond details; transfer at the warehouse follows verification and issuance of Annexure recording bond particulars.</description>
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    <pubDate>Thu, 28 Feb 2019 00:00:00 +0530</pubDate>
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      <title>Compliance of requirement of execution of bond in terms of section 59(5) of Customs Act</title>
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      <description>Purchasers of warehoused imported goods must execute a consignment specific Triple duty bond with applicable security at the port of import before bond to bond transfer. The buyer&#039;s application to the port Bond Section must include seller confirmation, warehouse bill of entry details, description, value and duty, warehouse identity and the executed bond. Where EDI cannot receive subsequent buyer bonds the port will accept bonds manually and record them in a Bond Register, and will notify the Bond Officer of the warehouse of bond details; transfer at the warehouse follows verification and issuance of Annexure recording bond particulars.</description>
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      <pubDate>Thu, 28 Feb 2019 00:00:00 +0530</pubDate>
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