In relation to processing, maintenance and custody of Bank Guarantees, executed and accepted for different purposes ( Assessment, Registration of Licenses etc. )-Reg.

In relation to processing, maintenance and custody of Bank Guarantees, executed and accepted for different purposes ( Assessment, Registration of Licenses etc. )-Reg. https://www.taxtmi.com/circulars?id=67461 A Centralized Bank Guarantee Cell is established under the Deputy/Assistant Commissioner (Bond) to receive and custody all customs-related BGs; accepting units must ensure an auto renewal clause and IEC code in BGs, enter BGs in the EDI system, hand them to the BG Cell with receipt numbers, and obtain BG returns only by written demand. The cell will not directly release or encash BGs, and units must inventory and forward existing BGs within thirty days and maintain records of receipt, dispatch and disposal. en-us Mon, 06 May 2024 00:00:00 +0530 Tue, 28 May 2024 16:58:00 +0530 TaxTMI RSS Generator In relation to processing, maintenance and custody of Bank Guarantees, executed and accepted for different purposes ( Assessment, Registration of Licenses etc. )-Reg. https://www.taxtmi.com/circulars?id=67461 A Centralized Bank Guarantee Cell is established under the Deputy/Assistant Commissioner (Bond) to receive and custody all customs-related BGs; accepting units must ensure an auto renewal clause and IEC code in BGs, enter BGs in the EDI system, hand them to the BG Cell with receipt numbers, and obtain BG returns only by written demand. The cell will not directly release or encash BGs, and units must inventory and forward existing BGs within thirty days and maintain records of receipt, dispatch and disposal. Circulars Customs Mon, 06 May 2024 00:00:00 +0530 https://www.taxtmi.com/circulars?id=67461