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FORM B-1- (GEN. SEC.)

General Bond (with security) for the due dispatch of excisable goods removed from time to time for export to a foreign country of duty

(Rule 14)
(Delete the letters and words not applicable)

I/We _____________________of _________________hereinafter called obligor(s) am/are jointly and severally bound to thePresident o f India in the sum of _______________rupees to be paid to thepresident of India for which payment I/ We jointly and severally bind myself/ourselves and my/our legal representatives.

The above bounden obligor(s) being permitted to remove from time to time conditional on the provisions of the Central Excise Rules, 1944, being observed,__________ without payment of duty from the warehouse/licensed factory at _____________for exportation.

Whereas the Commissioner of Central Excise at _________________hereinafter called the Commissioner has required the obligor(s) to deposit as security for the amount of this bond,

the sum of _________________________________________________________rupees in cash

the securities as hereinafter mentioned of a total face value of rupees _____________________endorsed in favour of the President of India and accepted on his behalf by the Commissioner Deputy Commissioner, or Assistant Commissioner of Central Excise, namely :-

and whereas the obligor(s) has/have furnished such guarantee by depositing with the Commissioner the cash/securities as aforementioned.

The condition of this Bond is that if the obligor(s) or his/their legal representatives shall observe all the provisions of the Central Excise Rules, 1944, and all such amendments thereto, as may be issued from time to time to be observed in respect of the goods so removed for export.

And if the said goods are duly removed and exported within such time as the Commissioner directs.

And all such dues whether excise duty or other lawful charges as shall be fixed by the Commissioner of Central Excise and payable on the said goods or any portion or portions thereof are paid into the treasury by the obligor(s) to the account of theCommissioner within ten days of the date of demand thereof being made in writing by the saidCommissioner.

This obligation shall be void.

Otherwise, and on breach or failure in the performance of any part of this condition, the same shall be in full force.

And the President of India shall, at his option, be competent to make good all the loss and damages from the amount of the security deposit or by enforcing his rights under the above written bond or by both.

I/We declare that this bond is given under the orders of the Central Government for the performance of an act in which the public are interested.

Place:
Date:

Signature(s) of obligor(s)

Witnesses	(1)	Address (1)	Occupation (1)
	(2)	Address (2)	Occupation (2)

Accepted by me this ____________________day of ______________19______________ of Central Excise

For and on behalf of the President of India