Another measure to facilitate traders, importers! Central Board of Indirect Taxes and Customs (CBIC) allows this
Central Board of Indirect Taxes and Customs (CBIC) has restored the facility for trade to provide an undertaking in lieu of bond for customs clearance of their goods.
CBIC in its circular proposing the changes has also said that any difficulties faced in implementing its order should be immediately brought before it. IANS pic.