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October 3, 2025 9:27 PM

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Maharashtra Launches E-Bond System for Import-Export Trade

The Maharashtra government has launched the E-Bond system for import and export businesses, replacing traditional stamp paper bonds. While making the announcement at an event in Mumbai today, Revenue Minister Chandrashekhar Bawankule said the move will simplify trade procedures, speed up transactions, and enhance transparency in commercial operations. With this, Maharashtra has now become the 16th state in India to adopt digital bonds, marking a major step in modernising trade administration.