Bank Guarantee for transhipment of cargo from gateway ports to Feeder ports/ICDs/CFSs- Regarding
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....FSs- 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 19th May 2000 and No.56/2000-Cus. dated the 5th July 2000 regarding transhipment of cargo from gateway ports to other ports and from gateway ports to ICD/CFS respectively. In the said Circulars, it has been provided that for such transh....
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....riers/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 from the carriers/custodians. 3. These instructions may be broug....


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