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of <h1>General Bond Form B-17: Obligations for EOUs and Tech Park Units Under Customs and Excise Acts for Duty-Free Imports.</h1> The General Bond Form B-17 is a legal document for Export Oriented Units (EOUs) and units in technology parks, binding them and their sureties to comply with conditions set by the Indian government. It requires the obligors to adhere to the Customs Act, Central Excise Act, and related regulations, ensuring duty-free import and storage of goods for manufacturing and export. The bond mandates compliance with export obligations, maintenance of detailed accounts, and payment of duties if conditions are violated. It remains effective despite transfer or removal of goods, ensuring government recovery of dues through specified legal provisions.
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