TaxTMI 
TaxTMI 
Conditions for registration
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.... Commissioner, undertaking to protect the importer, consignee and the owner of the goods and the competent authorities against all liabilities and to bear the costs towards destruction, demurrage and detention charges incurred till the time of destruction or disposal, as the case may be; (ii) The right holder shall execute an indemnity bond with the Commissioner of Customs indemnifying the Custo....
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....h the consignment specific bond consequent upon interdiction of the consignment allegedly infringing rights of the right holder. 3.2 The bond amount equal to 110% of the value of goods and security of 25% of the bond value is required to be furnished by the right holder. 3.3 An on-line, system driven, centralized bond management module has been implemented as part of the existing Automated Recor....
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.... of the notice by the Commissioner, the import of allegedly infringing goods into India shall be deemed as prohibited within the meaning of Section 11 of the Customs Act, 1962. 3.7 Right holder or his authorised representative shall inform the Commissioner of Customs at the time of giving notice about any amendment, cancellation, suspension, or revocation of the Intellectual Property Right by the....