Individual Importation
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................................. of No........................... hereinafter called the "Importer" (which expression shall include its successors/heirs, executors, administrators and legal representatives) am/are held and firmly bound unto the President of India hereinafter called the "President" (which expression shall include his successors and assigns) in the sum of Rs................. (Rupees.......
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....porter's (production within one month from the date hereof a valid licence to cover the import of the goods mentioned in the Schedule or) providing to the satisfaction of proper officer that the Import Trade Control Licence No......... produced by the importer is valid for and covers the entire goods mentioned in the Schedule below and upon the importer agreeing to furnish such bond and as is here....
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....en bond is such that - (1) If the importer shall within one month or within such extended period as the Proper Officer may allow produce such documents and furnish such information as may be called for by the Proper Officer, and (2) If the importer pays to the President the difference between the duty finally assessed and the duty provisionally assessed in respect of the goods mentioned in the S....
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....sistant Commissioner of Customs]......... or other officer may recover the said sum of Rs......... in the manner laid down in sub-section (1) of section 142 of the Customs Act, 1962 without prejudice to any other mode of recovery and may inter alia adjust the aforesaid security deposit/securities in part or full towards payment of the said sum. The Schedule of Imported goods. The Schedule of Se....
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