Procedure for execution of SVB bond

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....r execution of SVB bond reg. Attention of the importers, CHAs and members of the trade is drawn to Boards Circular No. 11/2001-Cus dated 23.2.01 on the subject of handling of valuation cases by Special Branch of the Custom Houses and the present procedure of debiting of SVB Bonds by the SVB at NCH, Mumbai. 2. The present procedure of acceptance and debiting of SVB Bond will be modified to th....

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....ing the Bond debit will be made on the hard copy of the Bill of Entry. v) The Bond will also be registered on EDI at JNCH and will be accepted by AC, SVC on the system. vi) The Group will assess the Bill of Entry provisionally and debit the Bond on EDI. Particulars of Revenue deposit should also be entered in the comments column of the Bill of Entry. vii) The SVC, JNCH w....