Sea Cargo Manifest and Transhipment Regulations, 2018
1[Form – XI
Know all men by these present that we are held and firmly bound to the President of India in the sum of 2[Rs. five lakhs] [helldodold[Rs. ten lakhs]helldod] for payment whereof we hereby bind ourselves, and each of us bind himself and each of our heirs, executors and administrators firmly by these present dated this ………………….. day of …………………..in the year two thousand.…………………..
Whereas the said ………………….. has been registered to act as an authorised carrier under Sea Cargo Manifest and Transhipment Regulations, 2018 and the said ………………….. has agreed to enter into this bond as required by under the said regulations.
And whereas the said ………………….. has deposited the sum of 2[Rs. 5,00,000/- (Rupees five lakhs)] [helldodold[Rs. 10,00,000/- (Rupees ten lakhs)]helldod] only with the President of India as security for his faithful behaviour and that of his employees as regard the said regulations.
Now the condition of the above written bond is such that if the said ………………….. and his employees do at all times, whilst holding, such registration as aforesaid, behave themselves in a faithful manner as regards the said regulations and if the said ………………….. and their executors or administrator fails to comply the obligations under the said regulations, ............. shall forthwith pay to the Government on demand the said sum of 2[Rs. five lakhs] [helldodold[Rs. Ten lakhs.]helldod]
AND upon making such payment, the above written obligations shall be void and of no effect, otherwise it shall be and remain in full force and virtue.
Signed, sealed and delivered by the above named on this day, the ………………….. of 20……….. in the presence of witnesses.
1. …………………..…………………..
2. …………………..…………………..
Accepted for and on behalf of the President of India
Signature of the Principal Commissioner of Customs/Commissioner of C]
1. Inserted vide:- Notification No. 54/2019-Customs (N.T.) Dated 01/08/2019
2. Substituted vide:- Notification No. 47/2024-Customs (N.T.) Dated 30/06/2024