Continuity Bond
X X X X Extracts X X X X
X X X X Extracts X X X X
................... 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................)....
X X X X Extracts X X X X
X X X X Extracts X X X X
.... Officer that the Import Trade Control Licences produced by the importer from time to time for the respective consignments are valid for and cover the imported goods and upon the importer and the surety agreeing to furnish such bond as is herein contained. NOW THE CONDITION of the above written bond is such that -  (1) If the importer shall within one month from the date of importation of t....
X X X X Extracts X X X X
X X X X Extracts X X X X
....der the orders of the Central Government for the performance of an act in which the public are interested. 2. The President through the [Assistant 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. 3. This bond shal....
Generate professional replies, appeals, opinions to Show Cause Notices, assessment orders, audit objections, and other legal communications using TaxTMI's AI Drafter.
TaxTMI