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Central Excise - Highlights / Catch Notes

Home Highlights September 2012 Year 2012 This

The purpose of executing bond under Sections 58 & 65 of Customs ...


Understanding Bonds: Export Oriented Unit vs. Provisional Release of Seized Goods under Customs Act Sections 58 & 65.

September 12, 2012

Case Laws     Central Excise     AT

The purpose of executing bond under Sections 58 & 65 of Customs Act, 1962 is entirely different - there is distinction between a bond executed for working as EOU and a bond executed for provisional release of seized goods. - AT

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