9911796707
TMI BlogContinuity BondX X X X Extracts X X X X X X X X Extracts X X X X ..... ........................... hereinafter called the "Importer" (which expression shall include its successors/heirs, executors, administrators and legal representatives) am/are held and firmly bound unto the President of India hereinafter called the "President" (which expression shall include his successors and assigns) in the sum of Rs................. (Rupees................) to be paid to the Pr ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... Trade Control Licences produced by the importer is valid for and covers the entire goods mentioned in the Schedule below and upon the importer agreeing to furnish such bond as is herein contained; and WHEREAS the importer has deposited with the [Principal Commissioner of Customs or Commissioner of Customs, as the case may be] at............ a sum of Rs.................... in cash for being appli ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ents and furnish such information as may be called for by the Proper Officer, and (2) If the importer pays to the President the difference between the duty finally assessed and the duty provisionally assessed in respect of the goods imported from time to time, and (3) If the importer pays to the President any penalty and fine that may be adjudged in lieu of confiscation of the said goods for imp ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... um of Rs.............. or portion thereof in the manner laid down in sub-section (1) of Section 142 of the Customs Act, 1962 without prejudice to any other mode of recovery and may inter alia adjust the aforesaid security deposit/securities in part or full towards payment of the said amount. IN WITNESS WHEREOF the importer has herein set and subscribed its hands and seals the day, month and year ..... X X X X Extracts X X X X X X X X Extracts X X X X
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