 the sea customs (amendment) bill, 1958(as introduced in lok sabha)  the sea customs (amendment) bill, 1958 (as introduced in lok sabha) a billfurther to amend the sea customs act, 1878 be it enacted by parliament in the ninth year of the republic of india as follows:-1 this act may be called the sea customs (amendment) act, shoi"t title 1958 1171 s 2 in the sea customs act, 1878, after section 195a the following inse"tion of section shall be inserted namely: _ new aection , i9sb• "19~b (i) where this act or any other law requires any- power to thing to be done before a person can import or export any allow impott d for export on goods or currency or clear any goo s or curren<:y rom the execution of 10 control of officers of customs and the customs-collector is bonds in cer- fi d h h  d h  f h tain clses sabs e t at avmg regar to t e circumstances 0 t e case, such thing cannot be done before such import, export or clearance without detriment to that person, the customscollector may, notwithstanding anything contained in this is act or such other law, grant leave for such import, export or clearance on the person executing a bond in such amount, with such surety or security and subject to such conditions as the customs-collector approves, for the doing of that thing within such time after the import, export or clearance as may 20 be specified in the bond (2) if the thing is done within the time specified in the bond the customs-collector shall cancel the bond as discharged i in full and shall, on demand, deliver it, so cancelled, to the person who has executed or who is entitled to receive it; and in such a case that person shall not be liable to any penalty provided in this act or, as the case may be, in such other law for the contravention of the provisions thereof relating to the 5 doing of that thing (3) if the thing is not done within the time specified in the bond, the cu~toms-collector shall be entitled to proceed upon the bond in accordance with law; and in such a case the person concerned shall also be liable to the penalty provided in 10 this act or, as the case may be, in such other law for such c;ontravention as aforesaid"  statement of objects and reasonsthe sea customs act, 1878, the tea act, 1953, and several other enactments lay down certain requirements which have to be '!omplied with before goods can be released by the customs authorities for import or export it often happens that importers and exporters are not in a position, for reasons beyond their control, to comply with these requirements before the release of the goods for import or export in such cases loss or detriment to the trade can be avoided if goods are released from customs control for import or export on the importers or exporters executihg a bond to comply with the requirements of the law within a time to be sp~ified in the bond the bill seeks to achieve this object morarji desai new delhi; the 9th august, 1958 a bill further to amend the sea customs act, 1878, the president has, in pursuance of clause (i) of article ii7 of the constitution of india, recommended to lok sabha the introduction of the bill mn kaul, secretary (shn· morarji desai, minister oj finance) 