Export bond obligations: security or surety bond ensures compliance with excise export rules and payment of duties on demand. General bond permits removal of excisable goods for export without payment of duty subject to observance of Central Excise (No. 2) Rules; may be a surety or security bond (cash, securities, bank guarantee) accepted by the Assistant/Deputy Commissioner. Obligors must export goods within prescribed time and pay any demandable excise duty or lawful charges with interest into the treasury within ten days of written demand. Breach leaves the bond enforceable; surety liability is unaffected by forbearance and the Government may recover loss from deposited securities or bond rights.