Customs bond permission allows import or export before prior conditions are met, subject to completion within the stipulated time. Power is conferred on the Assistant Commissioner of Customs or Deputy Commissioner of Customs to permit import, export or clearance of goods on execution of a bond where a pre-condition required by the Act or any other law cannot, in the circumstances of the case, be fulfilled beforehand without detriment to the person concerned. The bond must be for the approved amount, with such surety or security and on such conditions as are approved, and must require completion of the specified act within the time stated in the bond.
Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
Provisions expressly mentioned in the judgment/order text.
Customs bond permission allows import or export before prior conditions are met, subject to completion within the stipulated time.
Power is conferred on the Assistant Commissioner of Customs or Deputy Commissioner of Customs to permit import, export or clearance of goods on execution of a bond where a pre-condition required by the Act or any other law cannot, in the circumstances of the case, be fulfilled beforehand without detriment to the person concerned. The bond must be for the approved amount, with such surety or security and on such conditions as are approved, and must require completion of the specified act within the time stated in the bond.
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