TMI BlogDispense with practice for recovery of revenue deposit of ₹ 3000/- u/s. 42 of the Customs Act, 1962X X X X Extracts X X X X X X X X Extracts X X X X ..... 7 Imp. Noting Date: 22.03.2007 PUBLIC NOTICE No. 12/2007 (Referred / amended vide P.N.No. 29/2007) Sub:-Dispense with practice for recovery of revenue deposit of ₹ 3000/- u/s. 42 of the Customs Act, 1962.- reg. Attention is invited to the instructions issued by the CBEC vide F.28/12/70- Cus IV dated 22.5.1970 regardin ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... of export manifest iii) Payment of all duties leviable on any stores consumed in the conveyance, iv) Payment of all charges and penalties due in respect of the conveyance. v) No penalty is leviable on the person-in-charge under Section 116 for the deficiency of goods. vi) Exports goods contravening any of provision of the Customs Act have been un ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... he Customs Act, a bond should be submitted to the proper officer by the Shipping Line /Agent. The condition of the Bond would be to fulfill the requirements prescribed under Section 42(2) of the Customs Act, 1962, and proforma of the bond is enclosed as Annexure-A to this Public Notice. 5. The Assistant /Deputy Commissioner in-charge of Port clearance should accept the bond mentioned ..... X X X X Extracts X X X X X X X X Extracts X X X X
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