AUTO RENEWAL CLAUSE IN BG BOND

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....UTO RENEWAL CLAUSE IN BG BOND<br> Query (Issue) Started By: - VENUGOPAL B Dated:- 4-8-2017 Last Reply Date:- 9-8-2017 Customs - Exim - SEZ<br>Got 1 Reply<br>Customs<br>Dear Sirs, We have submitted Pr....

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....ovisional BG Bond to customs for differential duty and still it is going on. Due date for renewal is 2019, but customs are insisting us to amend the BG bond with a auto renewal clause, but our banke....

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....r (SBI) is not accepting. Please check and advise whether such clause is available in any of notifications or circulars or any other documented procedure. Reply By KIRTIKUMAR PUROHIT: The Reply: pr....

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....oper officer can isis to add any claused when duty liabilityof will remain continue; Banker may accept to grant auto renuwal clause but SBI not accepting this than there is no option except change the....

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.... Banker, because every banker have own policy so banker could denied.<br> Discussion Forum - Knowledge Sharing ....