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of <h1>Customs Broker License: Execute Bond, Provide Bank Guarantee, or Security as per Regulation 8, Customs Brokers Licensing Regulations, 2013.</h1> Regulation 8 of the Customs Brokers Licensing Regulations, 2013 mandates that before a license is granted, the applicant must execute a bond in Form D and, if required, a surety bond in Form E. Additionally, the applicant must provide a bank guarantee, postal security, or National Saving Certificate in the name of the Principal Commissioner or Commissioner of Customs, amounting to five lakhs rupees. If a postal security or National Saving Certificate is used, the interest benefits accrue to the Customs Broker.
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