Note: This Is the Specimen of Guarantee Bond to Be Executed by the Consignee/S Taking

NOTE: THIS IS THE SPECIMEN OF GUARANTEE BOND TO BE EXECUTED BY THE CONSIGNEE/S TAKING CONTAINER/S FOR DESTUFFING TO FACTORY container Security: of Rs. 5,000/- per 20’ & Rs. 10,000/- per 40’ container. Guarantee Bond to TO BE EXECUTED ON RS.100/= STAMP PAPER & SIGNATURES TO BE ATTESTED BY THE BANK ON THE GUARANTEE BOND

GUARANTEE BOND

M/S HIND FREIGHT SERVICES PVT. LTD.

M-11, FIRST FLOOR, M-BLOCK MARKET, GREATER KAILASH PART-II,

NEW DELHI – 110 048

DEAR SIR,

RE: REMOVAL OF IMPORTED LOADED CONTAINER NOS………………………………………………………………………………………

ARRIVED PER M.V………………………………….V/

IGM NO.:…………………………………ITEM NO.

B/L NO.:…………………………………..DT.:…………………………………………..

YOUR CUSTOMS BOND NO……………………………………………………………

……………………………………………………………………………………………..

IN CONSIDERATION OF YOUR ALLOWING US TO REMOVE THE ABOVE MENTIONED IMPORTABLE FULL CONTAINERS TO OUR PREMISES AT ……………………………………………………………………………………………..

WE THE UNDERSIGNED,HEREBY UNDERTAKE AND GUARANTEE YOU THE

FOLLOWING.

1)WE SHALL AT OUR COST AND RISK REMOVE THE ABOVE CONTAINER/S (AFTER PAYMENT OF CUSTOM DUTY) FROM NOMINATED SITE TO OUR PREMISES AND RETURN THE SAME TO YOUR STORAGE YARD WITHIN ONE MONTH FROM THE DATE OF ITS REMOVAL.

2)WE SHALL AT OUR COST ARRANGE TO SURVEY THE CONTAINER/S BY YOUR SURVEYORS BEFORE REMOVAL FROM NOMINATED SITE AND AFTER THE EMPTY/IES ARE RETURNED AT YOUR STORAGE YARD.

3)IN CASE OF THE DAMAGE TO THE CONTAINER/S WHILST IN OUR CUSTODY,WE SHALL PAY THE REPAIR COST OF DAMAGE AS ESTIMATED BY YOUR SURVEYORS.

4)WE SHALL PAY YOU THE CONTAINER DETENTION CHARGES AND OTHER CHARGES AS AND WHEN DEMANDED BY YOU.

5)IN CASE WE FAIL TO RETURN THE CONTAINER/S WITH IN ON MONTH FROM THE DATE OF REMOVALWE SHALL OBTAIN NECESSARY PERMISSION FROM YOU AND CUSTOMS AUTHORITES TO RETAIN THE CONTAINER/S WITH US BEYOND 30 DAYS.

6)IN CASE THE CONTAINER/S IS/ARE LOST WHILST IN OUR CUSTODY WE SHALL PAY YOU THE COST OF THE CONTAINER/S AND THE CUSTOMS DUTY APPLICABLE ON THE CONTAINER/S I.E.RS.2,72,000/- PER 20’ CONTAINER AND RS.5,44,000/- PER 40’ CONTAINER.

WE SHALL PRODUCE THE ORIGINAL TRIPLICATE COPY OF BILL OF ENTRY DULY ENDORSED BY THE GATE OFFICER AT THE STORAGE YARD WITHIN 7 DAYS FROM THE DATE OF RETURN OF THE CONTAINER/S ALONG WITH SURVEY REPORTS.

7)WE SHALL KEEP YOU AND THE CARRIERS COMPLETELY INDEMNIFIED AND HARMLESS FROM AND AGAINST ALL CONSEQUENCES WHICH MAY ARISE FROM YOUR COMPLYING WITH OUR REQUEST.

8)THIS BOND WILL REMAIN IN FORCE TILL SUCH TIME WE COMPLY WITH OUR ABOVE UNDERTAKING AND FULFIL ALL YOUR/CUSTOMS AUTHORITIES REQUIREMENTS.

9)WE HEREBY CONFIRM THAT THE IMPORT CARGO DOES NOT CONTAIN ANY CONTRABAND AND ARTICLES IN TERMS OF INDIAN CUSTOMS REGULATIONS AND THAT THE SHIPPERS HAVE NOT TAMPERED WITH THE PURPOSE OF CONCEALMENT OF ANY CONTRABAND CARGO.

IN THE EVENT OF CUSTOMS OR ANY OTHER GOVT.AUTHORITIES DISCOVERING THAT THERE HAS BEEN A VIOLATION IN THIS RESPECT,WE AS CONSIGNEE OF THE CARGO WOULD BE FULLY RESPONSIBLE FOR ALL THE COST AND CONSEQUENCES FOR THE SAME. WE FURTHER CONFIRM THAT THE CONTAINER/S WOULD ONLY BE TAKEN TO OUR PREMIESES AND THAT WE WOULD APPROXIMATELY TAKE 5 DAYS TO RETURN THE EMPTY CONTAINERS BACK TO YOUR STORAGE YARD AFTER REMOVAL FROM THE NOMINATED SITE.

Signatures & Stamp of the Consignee Signatures to be attested by the Bank