Courier bond executed CCSPs

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..... IC NOTICE NO. 30/ 2016 Sub: Courier bond executed CCSPs -reg. Attention of all Custom House Agents, Exporters, Importers, Members of the Trade and other stake holders is invited to the Board's Circular No.42/2016-Customs dated 31.08.2016 on the above mentioned subject. 2. Kind attention is drawn to the Board's Circular no. 32/2013-Customs dated 1 .....

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..... of the Board that CCSPs are being asked to give bond and insurance for an amount equal to the average value of goods likely to be stored, in 30 days, in the Customs area based on the projected capacity. It is further informed that the dwell time for imported goods is 10 days and transit time for export container is less than 24 hours. 4. The matter has been examined. Board is of the .....

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..... 2009 vide notification No.115-Customs (N.T.) dated 26.8.2016 to reduce the value of bond being furnished in respect of imported/ export goods to the extent of 10 days storage from the current 30 days. 5. Difficulties, if any, in implementation of this procedure may be brought to the notice of the undersigned. (R.B. TIWARI) PRINCIPAL COMMISSIONER .....

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