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Continuity Bond

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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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..... satisfaction of Proper 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 d .....

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..... 1. This bond is given under 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 mod .....

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..... Accepted For and on behalf of the President of India (Signature of the Authorised Officer) In the presence of :- 1.......................................................... 2.......................................................... [C.B.E. C. F. No. 7/13/63-Cus.VII, dated <!--?xml:namespace prefix = st1 ns = "urn:schemas-microsoft-com:offic .....

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