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Condition to be fulfilled by the applicant
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....s or Commissioner of Customs, as the case may be] that he is financially viable and in support thereof he shall produce to the said 4[Principal Commissioner of Customs or Commissioner of Customs, as the case may be] a certificate issued by a scheduled bank or such other proof acceptable to the 4[Principal Commissioner of Customs or Commissioner of Customs, as the case may be] evidencing possession....