RE Rules 87Chapter XII · Mode of Payment of DutySection 87 · Bonds-their effectSaveText size — level 1 of 4- Every person executing a bond for the payment of a duty levied under the Act shall be liable to pay the penalty of the bond according to its tenor.CopyCopy citationPrintReport an errorYour private note on this sectionOnly you can see this note.Sign in to add a private note