Standard set of guidelines for appointment of Custodian of EPZs/ICDs/CFSs- reg

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... g. I am directed to refer to Board’s Circular No.128/95-Cus. dated 14.12.1995, as amended from time to time on the above mentioned subject. 2. It has been provided at Sl.No. 6 of the Annexure to the Board’s Circular referred to above that for the proper discharge of duties, the custodian shall execute a bond equal to the value of the goods likely to be stored in the premises for a period of 30 .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... a period of 30 days, supported by a bank guarantee or a Government bond or cash deposit equivalent to 10% of such duty. However, all Central Government and State Government Undertakings shall be exempt from the requirement of furnishing bank guarantee or cash deposit”. 3. The bonds and bank guarantees executed by the Custodians may be revised on the basis of the above instructions. 4. The abov .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X