Transhipment of import and export cargo through airports- waiver of bank guarantee

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....evenue {Central Board of Excise & Customs} *** 25th August, 2006  Subject: Transhipment of import and export cargo through airports- waiver of bank guarantee - Reg.- I am directed to invite your attention that as per existing provisions of transhipment of cargo from one Customs location to another location, the transhipper has to execute a bond with bank guarantee in order to s....

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.... 2. The issue of waiver of bank guarantee in transhipment of air cargo between two Indian airports and transhipment of cargo from/to airport from other Customs location was considered in Inter Ministerial Group ) on simplification of Customs procedures in Air cargo and Air ports. It was discussed to provide similar bank guarantee waiver requirement for air cargo transhipment.  3.&n....