Amendment status not verified — confirm the current text below against the official source.
E. port under bond of goods on which duty has not been paid.-Dutiable goods may be exported out of India , without payment of duty. from a warehouse or a bonded manufactory, provided that export 1s made in ton accocdancc with the procedure set out in the relevant provisions of Chapter d an Vii of trio:.c. rules and the owner enters into a bond In Form F3 -3 with such surety or sucticient security. and tinder such conditions as the Excise Per Conmtissiouei approves. in a sum equal at least to the duty chargeable on for um ihr.t;ood5, for the due export thereof at the place of export, within the period th--A i,lay he soecilled by the ollicer-i. i-charge under sub-rule (3) of Rule 99 and sutra bo,id shall not he ctischaiged unless the goods are duly exported lets out of India, to the salisfac•i,ci of the Excise Commissioner or art, otherwise accounted for the satis,ar_t'un of such officer. nor uittil the ful! duty due bed upon any deficiency of goods riot so accounted for, has been paid. W- ih. Genera 1 bond by an exporter. -'i'he Excise Commissioner may lace rala perrtlit. any lTert-,ecl person desirous of exporting from his State. In the manner provided in the. foregoing rules, dutiable goods on which ^:.^,• has ere not been paid, to enter i to a general bond in Form 13-3 with such surety aty, or sufficient security, in ::i_ch amount, and under suc h conditions. as the ted. Exci^-e D`mmission?r approves, f or the export, from time to time, of such der dutiable goods within the period prescribed for the goods exported under ten sub-rule (3) of Rule 99: uch PROViGE1--f) IHAI' In the event of death. insolvency or insufficiency of the surely, the Excise Conunissioncr may. in his discretion demand a fresh bond aiicr may, if Lilc bond is with security dei i nd at. any time lie considers Teti it fit is do..uidi!-Iona! senurity.