Regarding norms for execution of Bank Guarantee in respect of Advance Authorization (AA) / Duty Free Import Authorization (DFIA) / Export Promotion Capital Goods (EPCG) Schemes

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....ral Board of Excise and Customs New Delhi, the 4th March, 2013 To All Chief Commissioners of Customs All Chief Commissioners of Central Excise / Customs & Central Excise All Director Generals under CBEC, All Commissioners of Customs / Customs (Preventive) All Commissioners of Central Excise /Customs & Central Excise Madam/Sir, Subject : Norms for Execution of Bank Guara....

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....n affidavit from the license holder stating whether any case(s) for certain offences, regarded as other than technical offences, had been booked during the previous three financial years and it was prescribed that, in case such violation(s) were revealed, the benefit of exemption from bank guarantee should not be extended. 3. It has been brought to the notice of the Board by exporters, trade as....

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....ion / mis-statement/collusion / willful suppression / fraudulent intent whether or not extended period for issue of show cause notice has been invoked. (b)     Cases of mis-declaration and/or clandestine/unauthorized removal of excisable / import / export goods warranting confiscation of said goods. (c)   Cases of mis-declaration / mis-statement / collusion / wi....