Continuity Bond

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..... . ..................................................................................................... of No............................... 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 in .....

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..... agreed to allow clearance of the goods subject to the importers proving to the satisfaction of Proper Officer that the Import 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 .....

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..... above written bond is such that - (1) If the importer shall within one month or within such extended period as the Proper Officer may allow produce such documents 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 .....

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..... y the importer from time to time between the period.............. and.............. 3. The President through the #[Assistant Commissioner of Customs]............... or other officer may recover the said sum 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 .....

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..... Accepted For and on behalf of the President of India (Signature of the Authorised Officer) In the presence of :- 1..................................... .....

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