Dear Sir(s),
All are aware that recent budgetary changes for IGCRDMEG 1996 to IGCRDMEG 2016 vide Notfn No.32/2016-Cus 1-3-16, amended by 39/2016- 15-03-16. previously Importer will execute a general undertaking for a period 1 year with dept. Now It is modified to execute Continuity Bond with Surety.
pl clarify surety means who will able to give surety to Importer such as Related parties, Parent company etc.