Containers/cargo—Movement of containers and containerised cargo — Instructions- regarding

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....ent of Revenue Central Board of Excise & Customs Subject:- Containers/cargo—Movement of containers and containerised cargo — Instructions- regarding. Presently, the Containers which are of durable nature and intended to be imported temporarily are exempt from the levy of Customs duties in terms of Notification No. 104/94-Customs, dated 16th March, 1994 subject to the condition of re-e....

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.... the field formations. The Board has considered the issue and it has been decided to adhere to a   simple uniform procedure for clearance of temporary importation of containers as detailed below:- (i)  The nature of bond should be "continuity bond". (ii) No Bank Guarantee / Security is required is furnished alongwith the bond. (iii) Bond should be executed by....