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TMI BlogAmendment in Appendix 25A, HBP Vol.I (Appendices and Aayat Niryat Forms) regarding periodicity of Bank Guarantee (BG) to be executed with Regional Authorities in case of domestic procurement of goods against EPCG authorization.X X X X Extracts X X X X X X X X Extracts X X X X ..... n Appendix 25A, HBP Vol.I (Appendices and Aayat Niryat Forms) regarding periodicity of Bank Guarantee (BG) to be executed with Regional Authorities in case of domestic procurement of goods against EPCG authorization. In exercise of powers conferred under paragraph 2.4 of the Foreign Trade Policy, 2009-2014 , the Director General of Foreign Trade hereby makes the following amendments in the Appendix 25A of Handbook of Procedures Vol.I (Appendices and Aayat Niryat Forms) 2009-2014: Amendment: (i) The existing Note at the bottom of Appendix 25 A The Bank Guarantee shall be valid till the expiry of the export obligation period plus six months shall be substituted by the following: The Bond/ BG shall be f ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... D, Phone No./Fax. No . of the Importer/Exporter with complete address) (hereinafter referred to as Importer/Exporter) an Authorisation being Authorisation No.__________ dt.____ (hereinafter referred to as Authorisation for the import of the goods mentioned therein) for a value of Rs._________ (Rupees ___________________ only) under the___________________ Scheme (fill up the actual Scheme) notified by the Government under the Foreign Trade Policy 2009-14 as may be amended from time to time (hereinafter referred to as scheme) on the terms and conditions specified in the said Authorisation which term inter alia stipulates production of a Bank guarantee for Rs._________________ (Rupees___________ only). We ____________________ (indicate the na ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... the period that would be taken for the performance of the said Authorisation and that it shall continue to be enforceable till all the obligations of the Importer/Exporter under or by virtue of the said Authorisation have been fully discharged to the satisfaction of the Government or till Jt.DGFT/Dy.DGFT, or any Licensing authority for the time being authorised to perform the duties of Jt.DGFT/Dy.DGFT, Ministry of Commerce, New Delhi certifies that the terms and conditions of the said Authorisation have been fully and properly carried out by the Importer/Exporter and accordingly discharges this guarantee. Provided, however, unless a demand or claim under this guarantee is made on us in writing on or before the ______________. We shall be d ..... X X X X Extracts X X X X X X X X Extracts X X X X
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