Surety bond liability for transit breaches triggers payment of goods' value and penalties under customs law. A surety bond by an authorised carrier and surety secures payment to the Government as a condition for transit of coastal goods through foreign territory; liability arises if containers or contents differ from the Departure Manifest, goods are not satisfactorily accounted for, or goods subject to duty or restrictions are lost in transit. The signatories agree to pay on demand the value of the goods and any penalty under the Customs Act and permit recovery under Section 142(1); forbearance by officers does not release the surety.
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Provisions expressly mentioned in the judgment/order text.
Surety bond liability for transit breaches triggers payment of goods' value and penalties under customs law.
A surety bond by an authorised carrier and surety secures payment to the Government as a condition for transit of coastal goods through foreign territory; liability arises if containers or contents differ from the Departure Manifest, goods are not satisfactorily accounted for, or goods subject to duty or restrictions are lost in transit. The signatories agree to pay on demand the value of the goods and any penalty under the Customs Act and permit recovery under Section 142(1); forbearance by officers does not release the surety.
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