Bond discharge requires production of arrival certificate; failure leads to forfeiture of import duty under warehoused goods regime. The bond is discharged if the person executing it produces to the proper officer, within the prescribed period or any extension allowed by that officer, a certificate issued by the proper officer at the place of destination confirming arrival of the goods; otherwise an amount equal to the import duty leviable on the goods for which the certificate is not produced stands forfeited.
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.
Bond discharge requires production of arrival certificate; failure leads to forfeiture of import duty under warehoused goods regime.
The bond is discharged if the person executing it produces to the proper officer, within the prescribed period or any extension allowed by that officer, a certificate issued by the proper officer at the place of destination confirming arrival of the goods; otherwise an amount equal to the import duty leviable on the goods for which the certificate is not produced stands forfeited.
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