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I am directed to invite your attention to para 3 of the Board's Circular No.284/118/96- CX (F.No. 209/54/96- CX.6) dated 13.12.1996, whereby certain exporters have been specified, who are permitted to execute bond without security/ surety subject to the conditions, also specified therein.
2. The aforesaid facility will also apply to "Trading Houses", subject to all the conditions specified in this regard.