TMI BlogClarification - MF(DR)Circular No.42/2007X X X X Extracts X X X X X X X X Extracts X X X X ..... MF(DR) Circular No.42/2007 Customs dated 30.11.2007 granting exemption from furnishing of Bank Gaurantee to Central/State Government undertaing. My query is; Whether transfer of goods from Mumbai Por ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... t to warehouse at Gujarat is covered under the above circular or not? Relevant extract of the circular is reproduced as under: it is clarified that all Central and State Public Sector Undertakings sha ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ll be exempt from furnishing Bank guarantee or other form of security for inter-city transfer of goods from one bonded warehouse to another, including transfer of goods from Sea/ Dryland port. The tra ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... nsit would, however, be continued to be executed. - Reply By Surender Gupta - The Reply = A bare reading of the circular reveals that transfer of goods from Mumbai Port to warehouse at Gujarat is no ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... t exempt from furnishing of bank guarantee. - Clarification - MF(DR)Circular No.42/2007 - Query Started By: - JAYESH SHAH Dated:- 29-7-2008 Customs - Import - Export - Customs - SEZ - Got 1 Reply - C ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ustoms - Discussion Forum - Knowledge Sharing, reply post by an expert, personal opinion Tax Management India - taxmanagementindia - taxmanagement - taxmanagementindia.com - TMI - TaxTMI - TMITax ..... X X X X Extracts X X X X X X X X Extracts X X X X
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