Type of bond

This query is : Resolved

Querist : Anonymous

Querist : Anonymous (Querist)

19 December 2012 we want to avail the benefits of noti. no. 14/2009 C.E (N.T) Dt. 10.06.2009 for procurement of goods at concessional rate of duty.
So , what type of bond are supposed to execute to the assi. comm. of central excise.

Kindly provide the sample of bond(surety)

Arun Kumar Singh

Arun Kumar Singh (Expert)
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20 December 2012 A bond in prescribed form should be executed with surety or security. bond amount will be prescribed by Assistant/Deputy commissioner, considering duty liability estimated to be involved at any given time. Form of new bond has not been prescribed. Hence, earlier B-8 bond form may be used with suitable modifications.

Querist : Anonymous

Querist : Anonymous (Querist)

27 December 2012 Thanks for your kind support.

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