https://www.taxtmi.com/circulars?id=63939 Temporary measures allow acceptance of an undertaking in lieu of bond to expedite customs clearance during the lockdown, available up to 30.04.2020, subject to submission of a proper notarised bond by 07.05.2020. The undertaking must replicate prescribed bond content, be signed by the IEC holder and submitted from the registered IEC email or authorised broker; it does not substitute mandated security, which must be furnished as directed. The facility applies to government entities, manufacturer/actual user importers, Authorized Economic Operators, status holders and warehouse users, while other importers may receive relaxations on a case-by-case basis with safeguards. Field formations must maintain records of relaxations. en-us Wed, 08 Apr 2020 00:00:00 +0530 Sat, 02 May 2020 17:32:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/circulars?id=63939 Temporary measures allow acceptance of an undertaking in lieu of bond to expedite customs clearance during the lockdown, available up to 30.04.2020, subject to submission of a proper notarised bond by 07.05.2020. The undertaking must replicate prescribed bond content, be signed by the IEC holder and submitted from the registered IEC email or authorised broker; it does not substitute mandated security, which must be furnished as directed. The facility applies to government entities, manufacturer/actual user importers, Authorized Economic Operators, status holders and warehouse users, while other importers may receive relaxations on a case-by-case basis with safeguards. Field formations must maintain records of relaxations. Circulars Customs Wed, 08 Apr 2020 00:00:00 +0530 https://www.taxtmi.com/circulars?id=63939