<?xml version="1.0" encoding="UTF-8"?>
<?xml-stylesheet type="text/xsl" href="https://www.taxtmi.com/rss_sitemap/rss_feed_blog.xsl?v=1750492856"?>
<rss version="2.0" xmlns:atom="http://www.w3.org/2005/Atom">
  <channel>
    <title>Measures to facilitate trade during the lockdown period - Section 143AA of the Customs Act, 1962</title>
    <link>https://www.taxtmi.com/circulars?id=63912</link>
    <description>Temporary relaxation under Section 143AA allows acceptance of an undertaking in lieu of prescribed customs bonds until 30.04.2020, requiring the undertaking to replicate bond content, be signed by the IEC holder and sent from the registered IEC email, and to commit to furnishing the proper notarized bond by 07.05.2020; mandated security is not waived and must be provided as directed. Eligibility is limited to government/PSUs, manufacturers/actual users, Authorized Economic Operators, status holders and warehouse users, with case-by-case consideration for others and recordkeeping by the bond section to ensure replacement by the deadline.</description>
    <language>en-us</language>
    <pubDate>Sat, 04 Apr 2020 00:00:00 +0530</pubDate>
    <lastBuildDate>Sat, 02 May 2020 10:34:00 +0530</lastBuildDate>
    <generator>TaxTMI RSS Generator</generator>
    <atom:link href="https://www.taxtmi.com/rss_feed_blog?id=611961" rel="self" type="application/rss+xml"/>
    <item>
      <title>Measures to facilitate trade during the lockdown period - Section 143AA of the Customs Act, 1962</title>
      <link>https://www.taxtmi.com/circulars?id=63912</link>
      <description>Temporary relaxation under Section 143AA allows acceptance of an undertaking in lieu of prescribed customs bonds until 30.04.2020, requiring the undertaking to replicate bond content, be signed by the IEC holder and sent from the registered IEC email, and to commit to furnishing the proper notarized bond by 07.05.2020; mandated security is not waived and must be provided as directed. Eligibility is limited to government/PSUs, manufacturers/actual users, Authorized Economic Operators, status holders and warehouse users, with case-by-case consideration for others and recordkeeping by the bond section to ensure replacement by the deadline.</description>
      <category>Circulars</category>
      <law>Customs</law>
      <pubDate>Sat, 04 Apr 2020 00:00:00 +0530</pubDate>
      <guid isPermaLink="true">https://www.taxtmi.com/circulars?id=63912</guid>
    </item>
  </channel>
</rss>