Standard set of guidelines for appointment of Custodian of Sea Ports and Air Cargo Complexes - Regarding

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..... es for appointment of Custodian of Sea Ports and Air Cargo Complexes - Regarding. I am directed to refer to Board's Circular No. 34/2002-Cus., dated 26-6-2002) [2002 (143) E.L.T. T48] issued from File No. 434/12/92-Cus. IV on the above 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 s .....

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..... all execute a bond equal to the average duty involved on the goods likely to be stored in the premises for 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 .....

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