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BOND No……….of 20....

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..... of ..in the year two thousand. .. Whereas the said .. has been authorized to act as a Customs Broker under section 146 of the Customs Act, 1962 (52 of 1962), and the said .. has agreed to enter into this bond as required by the Customs Brokers Licensing Regulations, 2018(hereafter referred to as the said regulations). And whereas the said .. has deposited th .....

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..... ain in full force and virtue and it is hereby agreed and declared that the President of India may apply the said sum of ₹ 5,00,000/- (Rupees Five Lakh) only deposited as aforesaid in making good to the President of India all and every sums due to the Government by reason of the misfeasance or negligence of the said .. or his employees as aforesaid. And it is hereby agreed that the .....

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..... of importers or exporters in the event of such sums remaining unpaid, even after issue of demands under section 28 of the Customs Act, 1962 (52 of 1962). Signed, sealed and delivered by the above named on this day, the .. of 20 ..in the presence of witnesses. 1. .. .. 2. .. .. Accepted for and on behalf of the President of India Signature of the .....

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