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Monitoring of Bank Guarantees

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....y of Finance (Department of Revenue) New Delhi Subject : Monitoring of Bank Guarantees. Attention is invited to Board's instructions in F. No. 7/10/58-Cus.VII, dated 1-8-1960 and F. No. 477/1/87-Cu....

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....s in order to ensure that action for enforcement or revalidation, as the case may be, is taken in respect of all bonds and guarantees before the expiry of the validity period. 3. In addition to the m....