2015 (2) TMI 1217

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..... bond expired on 24-11-2005. A fresh bond was executed by the appellant only on 13-4-2007 and as such during the intervening period, there was contravention of provisions of Rule 19 of Central Excise Rules, 2002. Held that: - No time-limit stand expressed in the bond or in the provisions of Rule 19. If as an administrative instruction, the bond has to be restricted to a period of 12 months, the .....

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..... ,000/- imposed by the lower authorities in terms of the provisions of Rule 25 of Central Excise Rules. 2. The appellant is manufacturer of electronic goods which are exported by them without payment of duty under bond/letter of undertaking. The appellant executed a letter of undertaking on 25-11-2004 which was accepted by the Assistant Commissioner. The appellants cleared the goods under the sa .....

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..... for restricting the validity of the bond for 12 calendar months. In terms of the various Board s instructions, the Assistant Commissioner is not required to discharge the bond without satisfying himself of the due export of the goods. Even if the bond was to expire after 12 months, it was equally the duty of their jurisdictional officers to discharge the earlier bond and direct the assessee to exe .....

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