Svb bond

This query is : Resolved 

26 September 2012 Hello!

I'll be thankful if some one can help me regarding SVB BOND. My company has to file a SVB BOND . Is there any minimum amount for this bond? How one can decide the appropriate amount for the bond?

Regards
Abhimanyu

26 September 2012 It depends on your quantum of imports. If your imports value for 1 month is 10 Cr and duty suffered is 1.5 Cr, then you can oover approriate amount to cover one quater( 3 months)

29 September 2012 AGREED...

1% Extra Duty Deposit on the assessable value of the goods kindly Noted....


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