In relation to processing, maintenance and custody of Bank Guarantees, executed and accepted for different purposes ( Assessment, Registration of Licenses etc. )-Reg.

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..... 0461 2352655, 2352633 / Fax 0461 2352019 DATED: 06.05.2024 Public Notice No. 04 / 2024 Sub : In relation to processing, maintenance and custody of Bank Guarantees, executed and accepted for different purposes ( Assessment, Registration of Licenses etc. )-Reg. To facilitate the trade and ensure proper process and custody of Bank Guarantees (BGs) obtained by any section or administrative unit of thi .....

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..... ii. Administrative unit which accepts BG, should ensure IEC code of the executor/importer/CHA in the BG. iii. BG accepted for any purpose by any administrative unit, should be first entered in the EDI system by the concern administrative unit and must be sent to centralized BG cell for custody and will remain in custody till release or encasement of the same. iv. Centralized BG cell will return B .....

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..... unit should enlist cases of Bank Guarantees presently under their custody at earliest and ensure that all the Bank Guarantees are forwarded to the Centralized BG cell within 30 days on publication of this public notice. 5. All importers/Exporters/CHAs are requested to follow the procedures as prescribed above scrupulously. 6. In case of any difficulty, it should be brought to the notice of the Ad .....

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