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Annexure – C - Bond- see regulation 3(ii) of Transportation of Goods (Through Foreign Territory), Regulations, 2020 - Transportation of Goods (Through Foreign Territory), Regulations, 2020Extract Annexure-C Bond (Single/General) (see regulation 3(ii) of Transportation of Goods (Through Foreign Territory), Regulations, 2020) KNOW ALL MEN BY THESE PRESENTS THAT WE M/s _________having our office located at _________________________hereinafter referred to as the obligor , (which expression shall include our successors, heirs, executors, administrators and legal representatives) hereby jointly and severally bind ourselves to the President of India hereinafter referred to as the President (which expression shall include his successors and assigns) in the sum of Rs. ______________(Please fill amount in words) to be paid to the President, for which payment well and truly to be made, we bind ourselves, our successors, heirs, executors, administrators and legal representatives firmly by these presents. Sealed with our seal(s) this___________ day of 20_____ . AND WHEREAS the obligors have been permitted by the proper officer to execute transport operation under the Transportation of Goods (Through Foreign Territory), Regulations, 2020 (hereinafter referred to as, the regulations ). AND WHEREAS the Assistant/ Deputy Commissioner of Customs have given permission to enter into a bond for the purpose of undertaking transport of goods under the regulations. NOW THE CONDITIONS of the above written bond is such that, if we: (1) comply with all the provisions of the Customs Act 1962 (hereinafter referred to as the Act) the rules and regulations made thereunder in respect of such goods; (2) pay in the event of our failure to discharge our obligation, the full amount of duty chargeable on account of such goods together with their interest, fine and penalties payable under the said Act, in respect of such goods; (3) comply with the provisions of Foreign Trade (Development and Regulation) Act, 1992 and Foreign Exchange Management Act 1999 and any other law for the time being in force. Then the above written bond shall be void and of no effect otherwise the same shall remain in full force and virtue. IN THE WITNESS WHEREOF, the obligor has herein, set and subscribed his hands and seals the day, month and year first above written. SIGNED AND DELIVERED by or on behalf of the obligor at ___________(place) in the presence of: (Obligor) Witness: Name and Signature Address Occupation 1. 2. Accepted by me this ____ day of _____20____ for and on behalf of the President of India. (Assistant/Deputy Commissioner) Signature and date Name: Schedule to the Bond (In case of General Bond) Customs Transit Declaration No. and date Value of the goods in INR Debit (the value of goods) Credit Balance of bond value Remarks Signature of the officer along with full name and designation (1) (2) (3) (4) (5) (6) (7) (Pramod Kumar) Director [F. No. 484/50/2019-LC]
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