General Bond with surety/security for removal for export of excisable goods without payment of duty for export - See Rule 18/19 read with Notification Nos. 42/2001-C.E. (N.T.) and 45/2001-C.E. (N.T.)]
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....o the President of India (hereinafter called the "President") in the sum of...........................rupees to be paid to the President for which payment will and truly to be made/I/We jointly and severally bind myself/ourselves and my/our respective heirs, executors/administrators, legal representatives/successors and assigns by these presents : For security bond I/We.................of....................hereinafter called "obligor(s)" I/am/are held and firmly bound to the President of India (hereinafter called "the President") in the sum of......................rupees to be paid to the President of India for which payment will and truly to be made, I/We jointly and severally bind myself/ourselves and my/our respective heirs/executor....
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....oner of Central Excise or the Deputy Commissioner of Central Excise the cash/securities/bank guarantee as aforementioned. And shall observe all the provisions of the Central Excise (No. 2) Rules, 2001 or the provisions of other rules made under the Central Excise Act, 1944 (1 of 1944) and all such amendments thereto, as may be issued from time to time so far as they relate to the export of excisable goods without payment of the whole or part of the duty; And if the relevant and specific goods are duly exported to destination within such time as specified in the Central Excise (No. 2) Rules, 2001 or notifications issued thereunder and/or if all dues whether excise duty or other lawful charges, which shall be demandable on the goods removed....




TaxTMI
TaxTMI