Re-crediting Bond value in online running bond at destination Air Cargo Complex
REPRESENTATIONS have been received in the Board regarding problems faced in the debit and re-credit of bond value for transshipped Cargo.It has been brought to the notice that while moving bonded truck from one Air cargo complex to another air cargo complex, the bond value of the cargo is debited from the online running bond. However, upon completion of transshipment, there is delay in re-crediting the amount at the destination air cargo complex.
Board directs that the Chief Commissioners should ensure that the re-crediting of bond is done without any delay at destination Air Cargo Complexes.
CBEC Instruction in F. No. 401/69/ 2016-Cus III., Dated: April 22, 2016