https://www.taxtmi.com/manuals?id=102 Central Excise bonds are instruments creating express monetary obligations to secure compliance and safeguard revenue, classified as surety (co extensive liability of a solvent guarantor) or security (realizable government instruments or cash). Bonds generally require surety for the full amount and security normally fixed at 25% of the bond amount; specified exporter categories and certain units may be exempted or given reduced security requirements. Formal requirements include execution on appropriately stamped non judicial paper in favour of the President of India, preservation until obligations are discharged, and periodic verification of sureties. en-us Sat, 19 Jan 2008 23:16:00 +0530 Wed, 04 May 2016 11:25:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/manuals?id=102 Central Excise bonds are instruments creating express monetary obligations to secure compliance and safeguard revenue, classified as surety (co extensive liability of a solvent guarantor) or security (realizable government instruments or cash). Bonds generally require surety for the full amount and security normally fixed at 25% of the bond amount; specified exporter categories and certain units may be exempted or given reduced security requirements. Formal requirements include execution on appropriately stamped non judicial paper in favour of the President of India, preservation until obligations are discharged, and periodic verification of sureties. Manuals Central Excise Sat, 19 Jan 2008 23:16:00 +0530 https://www.taxtmi.com/manuals?id=102