goods. The amount of bond of bond and bank guarantee is in terms of the instructions
issued by the Board from time to time as well the conditions of the relevant Notification
etc.
6. Payment of duty:
6.1 The duty can be paid in the designated banks through TR-6 challans. It is necessary to
check the name of the bank and the branch before depositing the duty. Bank endorses
the payment particulars in challan which is submitted to the Customs. Facility of epayment
of duty through more than one authorized bank is also available since 2007
at all major Customs locations.
6.2 In order to reduce the transaction costs and expedite Customs clearance the Board
has decided to make e-payment of duty mandatory from a date to be notified for the
importers paying an amount of Rs. 1 lakh or more per transaction. Likewise, e-payment
of duty regardless of amount shall be made mandatory for ACP importers from a date
to be notified.