Warehousing bond

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....travention of the provisions of this Act or the rules or regulations, in respect of such goods. (2) For the purposes of sub-section (1), the Assistant Commissioner of Customs or Deputy Commissioner of Customs may permit an importer to execute a general bond in such amount as the Assistant Commissioner of Customs or Deputy Commissioner of Customs may approve in respect of the warehousing of goods to be imported by him within a specified period. (3) The importer shall, in addition to the execution of a bond under sub-section (1) or sub-section (2), furnish such security as may be prescribed. (4) Any bond executed under this section by an importer in respect of any goods shall continue to be in force notwithstanding the transfer of th....

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....f" 3.  Substituted vide Section 50 of the Finance Act, 1995 w.e.f. 26-05-1995 before it was read as, "Assistant Collector of Customs" 3A. Substituted vide Section 50 of the Finance Act, 1995 w.e.f. 26-05-1995 before it was read as, "Assistant Collector of Customs" 4. Substituted vide Section 100 of the Finance Act, 1999 w.e.f. 11-05-1999 before it was read as, "^3[Assistant Commissioner of Customs]" 4A. Substituted vide Section 100 of the Finance Act, 1999 w.e.f. 11-05-1999 before it was read as, "^3A[Assistant Commissioner of Customs]" 5. Substituted vide Section 84 of the Finance Act, 2000 w.e.f. 12-05-2000 before it was read....