Transhipment bond secures carrier delivery and arrival manifest obligations, with customs duty liability recoverable on default. The Transhipment Bond binds the authorised carrier and their legal representatives to deliver goods to the specified destination port/ICD/CFS/SEZ and to produce at destination an Arrival Manifest (Form VIII) within one month evidencing receipt or satisfactory accounting; failure to do so renders the bond enforceable for the penal sum and obliges the carrier to pay any customs duties or amounts demanded by the proper officer, recoverable by the Government in the prescribed legal manner.
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.
Transhipment bond secures carrier delivery and arrival manifest obligations, with customs duty liability recoverable on default.
The Transhipment Bond binds the authorised carrier and their legal representatives to deliver goods to the specified destination port/ICD/CFS/SEZ and to produce at destination an Arrival Manifest (Form VIII) within one month evidencing receipt or satisfactory accounting; failure to do so renders the bond enforceable for the penal sum and obliges the carrier to pay any customs duties or amounts demanded by the proper officer, recoverable by the Government in the prescribed legal manner.
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