Legal Documents

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Name Special arrangement for the import of goods by furnishing bank guarantee or deposit
Description To make safe and facilitate international trade by making customs administration systematic, transparent and accountable
Comments Rule 111. Airline companies can import goods for catering services and for in-flight duty free shop in the international flight by furnishing bank guarantee or cash deposit equivalent to the chargeable Customs duty. In case the airlines import such goods by itself and prefer to buy such goods from bonded warehouse or duty free shop, the airlines can buy such goods from bonded warehouse or duty free shop designated by the Department.(2)- If the Nepali textile industry intends to sale its product to the export oriented garment industry, the yarn needed for the production of such product may be allowed to import by furnishing bank guarantee equivalent to the chargeable Customs duty on the recommendation of Textile Industry Association. Customs
Validity From 2009-07-13
Validity To 9999-12-31
Technical Code
Agency Ministry of Industry
Created Date 2016-06-13 11:04:02.0
Update Date 2016-10-04 16:44:47.0
Status Active
Measure Type Formality Requirement
Legal/Regulation Customs Regulation, 2064 (2007)
Un code


Title Description Category View Procedure Detail with Relevant Form
Release of Bank Guarantee or deposit The industry with the bonded warehouse facility should apply for the release of the bank guarantee in the concerned Customs office.Rule 14 Procedure View

This measure applies to commodity/s

HS Code Description