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Submission of post-dated cheque and indemnity bond

(1) When any such application has been made in respect of any goods, the owner of the goods to which it relates shall furnish an indemnity bond and post-dated cheque equivalent to the duty assessed under section 80 or section 81 or reassessed under section 109 on such goods,- (a) to observe all the provisions of this Act and the rules in re...


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