Eximkey - India Export Import Policy 2004 2013 Exim Policy

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FORM B-8 -(SURETY)

Bond (with surety) to be entered into by person licensed to obtain without payment of the whole or part of the duty], excisable goods to be used for special industrial purposes

(Rule 192)
(Delete the letters and words not applicable)


I/We ______________of _______________hereinafter called the obligor(s) and ______________ of _______________ (hereinafter called the surety), are jointly and severally bound to the president of India in the sum of _________________rupees to be paid to the president of India for which payment we jointly and severally bind ourselves and our legal representatives.

The above bounden obligor(s) having been permitted by the Commissioner of Central Excise _____________hereinafter called the Commissioner to purchase from time to time such quantities of ________________as may be required, not exceeding ______________per year for use in the factory at ____________________for the manufacture of the commodity (ies) and in the manner, specified in his/their application No. _____dated _______without payment of the whole or part of the duty;

The condition of this bond is that if the obligor(s) shall not make any change in the nature or manner of manufacture specified in his/their application or use the _______________for any purpose other than that stated in the application without the prior approval of the Commissioner;

And shall observe all the provisions of the Central Excise Rules, 1944, and all such amendments thereto, as may be issued from time to time so far as they relate to the use of excisable goods for industrial purposes without payment of the whole or part of the duty;

And if all dues whether excise duty or other lawful charges, which shall be demandable on the goods obtained by the obligor(s) without payment of the whole or part of the duty and transported from the place of procurement to the premises of the obligor(s) as shown by the records of the proper officer of Central Excise, be duly paid into the treasury to the account of the Commissioner within ten days of the date of demand thereof being made in writing by the said Officer of Central Excise;

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.

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)

Signature of surety(ies).

Place:
Date:
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.]

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