CBIC extends facility of import, export without furnishing bonds to Customs till May 15
The CBIC had earlier received representation from field formations about difficulty being faced by importers and exporters during the lockdown in obtaining notarised stamp papers for furnishing bonds required by Customs in certain situations during the assessment and clearance of goods.
CBIC on Tuesday extended the deadline to import and export goods without furnishing bonds to the Customs authorities by a fortnight till May 15, a move aimed at facilitating trade during the COVID-19 lockdown, Photo: Reuters