TMI BlogGeneral Bond with surety/security for removal for export of excisable goods without payment of duty for export - See Rule 18/19 read with Notification Nos. 42/2001-C.E. (N.T.) and 45/2001-C.E. (N.T.)]X X X X Extracts X X X X X X X X Extracts X X X X ..... d and firmly bound to the President of India (hereinafter called the President ) in the sum of...........................rupees to be paid to the President for which payment will and truly to be made/I/We jointly and severally bind myself/ourselves and my/our respective heirs, executors/administrators, legal representatives/successors and assigns by these presents : For security bond I/We.................of....................hereinafter called obligor(s) I/am/are held and firmly bound to the President of India (hereinafter called the President ) in the sum of......................rupees to be paid to the President of India for which payment will a ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ay be issued from time to time to be observed in respect of export of excisable goods to a foreign country or manufacture of goods and export thereof under rule 19; And whereas the obligor(s) has/have furnished such guarantee by depositing with the Assistant Commissioner of Central Excise or the Deputy Commissioner of Central Excise the cash/securities/bank guarantee as aforementioned. And shall observe all the provisions of the Central Excise (No. 2) Rules, 2001 or the provisions of other rules made under the Central Excise Act, 1944 (1 of 1944) and all such amendments thereto, as may be issued from time to time so far as they relate to the export of excisable ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... sue the obligor(s) before suing the surety for amounts hereunder; For security bond only AND the President shall, at his option, be competent to make good all the loss and damages from the amount of the security deposit or by endorsing his rights under the above-written bond or the both; I/We further declare that this bond is given under the orders of the Central Government for the performance of enact in which the public are interested. In these presents the words imposing singular only shall also include the plural and vice versa where the context so requires; IN THE WITNESS THEREOF these prese ..... X X X X Extracts X X X X X X X X Extracts X X X X
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