9911796707
TMI BlogB-17 BondX X X X Extracts X X X X X X X X Extracts X X X X ..... goods. This bond is prescribed under Notification No. 6/98-CE(N.T.)., dated 2-3-1998 as General Bond to be executed by the EOUs for provisional assessment of goods to Central Excise duty, for export of goods and for accounting/disposal of excisable goods procured without payment of duty. This bond also takes care of the interest of revenue against risks arising out of goods lost in transit, goods ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... by the Government is required to be given by the EOUs. In the case of surety, a letter from the person standing surety duly certified by a Chartered Accountant for solvency is also required to be submitted. 10.3 Units which have achieved positive NFE and have been in existence for at last three years having export turnover of Rs. 5 Crores or above and have not been issued a show cause notice or ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... or job work in DTA by EOU/EHTP/SPT/BTP has been extended to the units having AEO certification subject to certain conditions in Para 6.11 (d) of FTP. [Refer Circulars No. 14/98-Cus, dated 10.3.1998, No. 42/98-Cus, dated 19.6.1998, No.66/98-Cus, dated 15.9.1998, No.76/99-Cus, dated 17.11.1999, No. 54/2004-Cus, dated 13.10.2004 No. 36/2011-Cus, dated. 12.8.2011 and Circular no. 12/2023-Customs date ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ioned in the bond register for the purposes of debit/credit of duty foregone on the goods imported/procured duty free. Debits for duty foregone are to be made at the fresh import or at the time of local procurement of excisable goods under CT-3. For debit only 25% of the duty foregone (for Capital Goods) should be taken and not the entire duty amount. Similarly credits of duty foregone may be allo ..... X X X X Extracts X X X X X X X X Extracts X X X X
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