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Refund of Bank Guarantee

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..... Refund of Bank Guarantee
Query (Issue) Started By: - Prateek Patodia Dated:- 5-6-2013 Last Reply Date:- 10-6-2013 Customs - Exim - SEZ
Got 1 Reply
Customs
As you are all aware, importers .....

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..... need to submit a bank guarantee or deposit with customs upon import of goods against Advance Authorisation or EPCG. My company has made quite a few deposits over the years against various machines. R .....

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..... ecently we received an Export House status and since then as per FTP we are eligible to clear imports without any BG. Is it also possible to get our old BGs released on the basis of the status house .....

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..... certification? And if so, what is the process? Reply By Pradeep Khatri: The Reply: No, the BG are related for the period when you were not a Status Holder. You can get your old BGs after EODC.
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..... iscussion Forum - Knowledge Sharing .....

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