Pd bond

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neetu (Querist)
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28 May 2012 Is PD Bond required if Second Hand Machinery is Imported and is cleared after payment of Duty amount.

Thanks in advance

RAMESH KUMAR VERMA

RAMESH KUMAR VERMA (Expert)
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28 May 2012 Bond is executed if required if assessment is provisional (PD bond) or concessional rate of customs duty is subject to certain post import conditions.

must read:

https://www.caclubindia.com/forum/pd-bond-44690.asp

https://www.chennaicustoms.gov.in/imports/svb.htm

https://www.jawaharcustoms.gov.in/jnch/pn/pn2003/PN-49-03.htm

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