Chandrashekhar Bawankule launches Digital Bonds in Maharashtra for traders

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Nagpur : Maharashtra Revenue Minister Chandrashekhar Bawankule has announced a new system called Electronic Bonds. From today, importers and exporters can use digital bonds instead of paper ones.

Stop Fraud Quickly

Paper bonds often caused fraud. With e-bonds, customs officers can check and approve transactions instantly, making it safer for traders.

How E-Bonds Work

• Fully Online: All customs work will now happen digitally with help from NeSL and NIC.
• Digital Signatures & Stamps: Traders can sign and stamp bonds online, saving time and effort.
• Online Payments: Fees can be paid directly online without extra paperwork.
• Instant Verification: Officials and traders can see updates in real-time.

Benefits for Traders

Digital bond system will make trading faster, cheaper, and easier. Paperwork will reduce, processes will be quicker, and business will become smoother.

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