2011 (1) TMI 398 - HC - Customs

Waiver of pre-deposit on the enhanced value - the issue involved Tearlier order passed by the Division Bench of this Court,(THE COMMISSIONER OF CUSTOMS (IMPORTS), SEAPORT, CHENNAI AND ANOTHER Vs. M/S.POLYCRAFT EXPORTS (P) LTD., AND ANOTHER), had directed the petitioner to deposit 25% of the enhanced value, apart from paying the applicable rate of duty on the enhanced value - Hence, on complying with the said conditions, the respondents are directed to release the goods, with liberty to the respondents to proceed further, in accordance with law.

Summary

The High Court of Madras directed the petitioner to deposit 25% of the enhanced value and pay the applicable rate of duty on the enhanced value for the release of goods, following a previous judgment. The writ petition was disposed of accordingly, with no costs.