Execution of bond and furnishing of security

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..... nd furnishing of security.- (1) Before granting the licence under regulation 7, the 2 [Principal Commissioner of Customs or Commissioner of Customs, as the case may be] shall require the successf .....

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..... (2) In cases where a postal security or National Saving Certificate is furnished, the benefit of interest accruing thereon shall accrue to the Customs Broker concerned. ---------------------- .....

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