Execution of bond and furnishing of security

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..... d and furnishing of security. - (1) Before granting a licence under regulation 9, the 1[Principal Commissioner of Customs or Commissioner of Customs, as the case may be] shall require the applicant to .....

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..... be] for an amount of [Rs. 75,000/-] for carrying out of business as a Customs House Agent. (2) If the applicant furnishes postal security or National Savings Certificate, the same shall be pledged i .....

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