Bonded facility ---- alertness about misuse

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....eged fraud had been committed at Chennai wherein a CHA has defrauded the department by way of evasion of Customs duty by misusing the bond facility. 2. Available report indicates that the CHS would clear the imported raw material from Customs on the pretext of bonding. The raw material would then be taken the CHA premises wherein they would be substituted with material of no. value. The imported....