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Svb bond

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(Querist)
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
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Rama Krishnan

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Rama Krishnan (Expert)
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)
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RAMESH KUMAR VERMA

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RAMESH KUMAR VERMA (Expert)
29 September 2012 AGREED...

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