Bank Guarantee for transhipment of cargo from gateway ports to Feeder ports/ICDs/CFSs- Regarding
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....hipment of cargo from gateway ports to Feeder ports/ICDs/CFSs- Regarding. I am directed to invite your attention to the Board’s Circular No. 34/2000-Cus. dated 3/5/2000 as amended by Circular No. 47/2000-Cus. dated the 19^th May 2000 and No.56/2000-Cus. dated the 5^th July 2000 regarding transhipment of cargo from gateway ports to other ports and from gateway ports to ICD/CFS respectively. In....
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....oted that, all the existing bond and securities furnished by carriers/custodians shall also be governed by this Circular. The differential amount of security executed earlier (i.e. 25%) and the required security under the instant Circular (i.e. 15%) may be returned to the carrier/custodians. As an alternative, the old security may be discharged after a fresh security @ 15% of bond value is taken f....
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