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of <h1>Carrier's Continuity Bond for Transhipment: Ensure Safe Delivery or Face Customs Duties under Customs Act, 1962</h1> This Continuity Bond for Transhipment is a legal agreement between an authorized carrier and the Government of India, represented by the President. The carrier is permitted by the Principal Commissioner of Customs to tranship goods as specified in the Arrival/Departure Manifest. The bond obligates the carrier to ensure the safe transhipment and proper accounting of goods at the destination port or facility within one month. If the carrier fails to comply, they are liable to pay customs duties and the bond remains in effect. Any dues under this bond can be recovered as per the Customs Act, 1962.
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