TMI BlogPartial discharge of bonds executed by nominated agencies/ banks under notification No. 57/2000-Customs dated 08.05.2000X X X X Extracts X X X X X X X X Extracts X X X X ..... bonds executed by nominated agencies/ banks under notification No. 57/2000-Customs dated 08.05.2000. Kind attention of Importers exporters and members of Trade is invited to the above mentioned subject. Circular No. 25/2018-Customs dated 08.08.2018 has prescribed standard operating procedures for the expeditious discharge of the bonds executed by nominated agencies/ banks under notification No. ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... of gold, may also be facilitated in proportion to the export obligations fulfilled for which necessary prescribed documentation evidencing the same has been provided to the jurisdictional customs authorities. 4. The matter has been examined by CBIC in consultation with Directorate General of Systems. In order to address the above said issue a new provision has been developed in ICES 1.5 to propo ..... X X X X Extracts X X X X X X X X Extracts X X X X
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