Conditions of export warehousing:

Where any goods are diverted to home consumption from the warehouse, interest shall be charged at the rate of twenty four per cent per annum on the duty payable, calculated from the date of clearance from the fact ory of production or any other premises approved by the Commissioner, till the date of payment of duty and clearances.

The exporter shall furnish a general Bond (B-3) under Rule 19 of the said Rules read with notifications issued thereunder, backed by twenty five per cent security of the bond amount.