Excise Bond is a guarantee of a risk provided by the insurance company as Guarantor (Surety) to industrial enterprises of drinks Containing ethyl alcohol in a Country not categorized liquor (Principal) to carry out obligations in accordance with the periodic tax payments suspension facilities acquired from the Government, in this case the Directorate General of Customs Excise &.

If the Principal does not carry out its obligations, namely pay taxes regularly, then the Obligee will dilute the guarantee given by the Surety.

Excise Bond is also the guarantee of suspension of payment of customs charges upon regularly state that applies to manufacturers and importers of cigarettes, according to the Decree (SKEP) obtained from the Directorate General of customs and Excise.