Bonding with customs authorities

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86 Points Posted on 03 July 2024
Is it mandatory for eou unit to execute bond with customs authorities even if it is not availing duty benefit under 52/2003 notification
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On 03 July 2024 at 12:58 Report
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Quick Summary
This discussion clarifies whether an Export Oriented Unit (EOU) is required to execute a bond with customs authorities. The consensus is that it is mandatory for all EOU units, regardless of whether they are availing duty benefits under notification 52/2003. This is because their status as an export-oriented unit necessitates this compliance.

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Tax Appeals Valuer & ID
30 Points Posted on 24 December 2024

Yes, because it is an export oriented unit

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On 24 December 2024 at 15:20
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Tax Appeals Valuer & ID
30 Points Posted on 24 December 2024

Yes, because it is an export oriented unit

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On 24 December 2024 at 15:20

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