Eximkey - India Export Import Policy 2004 2013 Exim Policy
ANNEXURE 43D

Form B-11 - Reaease of Goods Seized
CENTRAL EXCISE SERIES NO. 32-E
Range
Circle
FORM B-11 (SECURITY)

Bond (with security) to be entered into by person seeking release of goods seized pending adjudication
(Rule 206)
(Delete the words and letters I/not appplicable)

I/We of [hereinafter called the obligor (s)]

am bound to the president of India (hereinafter called the, are jointly and severally the Government) in the sum of........................ rupees to be paid to the Government for which payment (I / We jointly and severally) bind (myself and my/ourselves and our) legal representatives

Whereas a quantity of ............................. (hereinafter called the said goods) belonging to the obligor(s) are seized by the Central Excise Officer

Range/Circle/Division (hereinafter called the said officer) for an alleged offence under the Central Excise Act, 1944 and the Rules made thereunder;

And whereas the said officer has required the obligor(s) to deposity as guarantee 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], [Joint Commissioner of central Excise) or [Assistant Commissioner of Central Excise or Deputy Commissioner of Central Excise), namely:

And whereas pending adjudication of the case by the competent officer, the said officer has under sub-rule (3) of rule 206 of the Central Excise Rules. 1944 agreed to release to the obligor(s) the said goods on the obligor(s) executing the bond in the manner aforesaid;

Now the condition of this bond is that (a) if the obligor(s) and his / their legal representatives shall observe all the provisions of the Central Excise Rules, 1944, so far as they relate to the seized goods; (b) if all dues whether duty, value, penalty, or other lawful charges, which shall be demandable on the goods released to the obligor(s), be duly paid into the treasury to the satisfaction of the said officer within 10 days of the date of demand thereof being made in writing by the said officer of Central Excise; (c) if the said goods are produced, unless the same have totally perished in the meantime, as and when directed by the said officer;

This obligation shall be void.

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

And I/we agree that the Government shall be at liberty to appropriate the said deposity towards the payment of the amount of duty / value / penalty/ other lawful charges, as may be assessed by the competent authority in respect of the goods.

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

Place:
Date:
Witnesses
(1) Address
(2) Address
Occupation (I)
Occupation (2)
Signature(s) of obligor(s)


Place:

Date:

Accepted by me this                   day of 20_______________

.......................of Central Excise
.......................for and on behalf of the President of India

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