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    <title>B-17 Bond</title>
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    <description>EOUs may import or procure goods duty-free by executing a B-17 bond with surety or security covering duty forgone; the bond secures provisional assessment, export and accounting obligations but excludes differential duty for advance DTA sales. The B-17 is executed with the jurisdictional Assistant/Deputy Commissioner, typically for 25% of duty forgone on sanctioned capital goods plus three months&#039; raw-material duty forgone, with 5% security; compliant long-standing units may obtain waivers of bank guarantee/surety, while monitoring, bond registration, debit/credit of duty forgone, and discharge on final debonding are required.</description>
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    <pubDate>Sun, 05 Mar 2023 13:29:00 +0530</pubDate>
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      <title>B-17 Bond</title>
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      <description>EOUs may import or procure goods duty-free by executing a B-17 bond with surety or security covering duty forgone; the bond secures provisional assessment, export and accounting obligations but excludes differential duty for advance DTA sales. The B-17 is executed with the jurisdictional Assistant/Deputy Commissioner, typically for 25% of duty forgone on sanctioned capital goods plus three months&#039; raw-material duty forgone, with 5% security; compliant long-standing units may obtain waivers of bank guarantee/surety, while monitoring, bond registration, debit/credit of duty forgone, and discharge on final debonding are required.</description>
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      <pubDate>Sun, 05 Mar 2023 13:29:00 +0530</pubDate>
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