Grant of exemption from furnishing Security/Bank guarantee by Central/State Government Undertakings for storing sensitive goods in private bonded warehouses – regarding.

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....0th of September, 2012 To, All Chief Commissioners of Central Excise & Customs All Chief Commissioners of Central Excise All Chief Commissioners of Customs All Chief Commissioners of Customs (Preventive) The Director General of Revenue Intelligence/Central Excise Intelligence/Systems and Data Management/Export Promotion /Safeguards/Audit The Chief Departmental Representative (CESTAT), Delhi....

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....has been received from M/s. India Tourism Development Corporation Limited, a Government of India Undertaking, seeking exemption from furnishing Bank guarantee for storing sensitive goods in duty free shops operated by them. 2. The matter has been examined in the Board. As a measure of relaxation to the Central/State Government Undertakings, as has been done in case of relaxation of requirement of....