Clarification - MF(DR)Circular No.42/2007

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....larification - MF(DR)Circular No.42/2007<br> Query (Issue) Started By: - JAYESH SHAH Dated:- 29-7-2008 Last Reply Date:- 31-7-2008 Customs - Exim - SEZ<br>Got 1 Reply<br>Customs<br>MF(DR)Circular No.4....

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....2/2007 Customs dated 30.11.2007 granting exemption from furnishing of Bank Gaurantee to Central/State Government undertaing. My query is; Whether transfer of goods from Mumbai Port to warehouse at Guj....

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....arat is covered under the above circular or not? Relevant extract of the circular is reproduced as under: it is clarified that all Central and State Public Sector Undertakings shall be exempt from fur....

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....nishing Bank guarantee or other form of security for inter-city transfer of goods from one bonded warehouse to another, including transfer of goods from Sea/ Dryland port. The transit would, however, ....

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....be continued to be executed. Reply By Surender Gupta: The Reply: A bare reading of the circular reveals that transfer of goods from Mumbai Port to warehouse at Gujarat is not exempt from furnishing o....

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....f bank guarantee.<br> Discussion Forum - Knowledge Sharing ....