https://www.taxtmi.com/highlights?id=91821 The customs authority has implemented a Single Unified Multi-Purpose Electronic Bond (SEB) under the "Ekal Anubandh" initiative, enabling all-India electronic execution and linking of bonds and bank guarantees via the ICEGATE portal, effective immediately and replacing manual bonds/BGs from 15.08.2025 except in exceptional, approval-granted cases. The SEB allows importers/exporters to submit a single all-India bond, add obligations or amounts later, pay stamp duty electronically, execute bonds digitally through NeSL, and link/verify e-BGs; procedures, formats, bank lists, and annexures are provided, phased implementation will follow with user feedback, and limited manual filings are permitted under specified supervisory approval. en-us Fri, 22 Aug 2025 18:55:21 +0530 Fri, 22 Aug 2025 18:55:21 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=91821 The customs authority has implemented a Single Unified Multi-Purpose Electronic Bond (SEB) under the "Ekal Anubandh" initiative, enabling all-India electronic execution and linking of bonds and bank guarantees via the ICEGATE portal, effective immediately and replacing manual bonds/BGs from 15.08.2025 except in exceptional, approval-granted cases. The SEB allows importers/exporters to submit a single all-India bond, add obligations or amounts later, pay stamp duty electronically, execute bonds digitally through NeSL, and link/verify e-BGs; procedures, formats, bank lists, and annexures are provided, phased implementation will follow with user feedback, and limited manual filings are permitted under specified supervisory approval. Highlights Customs Fri, 22 Aug 2025 18:55:21 +0530 https://www.taxtmi.com/highlights?id=91821