Customs Broker licensing bond and required security ensure regulatory compliance and permit practice after prescribed notification. Grant of a Customs Broker licence requires timely payment of the prescribed fee, after which the Commissioner must issue the licence within one month and the broker may operate across Customs stations upon Form C intimation. Prior to issuance under Regulation 7 of the CBLR 2018, the applicant must execute a bond to observe the regulations and furnish an acceptable security instrument, such as a bank guarantee, postal security, National Savings Certificate, or fixed deposit receipt in favor of the Principal Commissioner or Commissioner to provide financial assurance for carrying on Customs Broker activities.