Custody and monitoring of Bonds and Bank Guarantees

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....2017 SUB: Custody and monitoring of Bonds and Bank Guarantees - reg. Kind attention of all Importers, Exporters, Members of Trade and Industry Associations, Customs Brokers and others is drawn to the Office Order No. 01/2017 dated 12/01/2017 (copy  enclosed) issued by Addl. Commissioner, Chief Commissioner's Office, Mumbai Zone-Ill vide F. No. S/I-16(02(/CCO-III/Admn/2017. In ....

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....plicate copy of the same for their record. The concerned Groups shall ensure monitoring of their Bonds and Bank Guarantees and issue demand letters / reminders to importers / banks on timely basis. For entering of Bond / BG details and debiting thereof in ICES, the trade can get the same done either in concerned Group or in the respective BBG Cell. As regards processing, acceptance and monitoring ....