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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....oard of Excise and Customs **** New Delhi, the 10^th 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 /Safe....

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....ffective duty foregone) for each consignments". In this connection, a reference 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....