2015 (3) TMI 1354 - SCH - Customs

Period of limitation issuance of SCN or Delivery of SCN - alleged that SCN given to the petitioner beyond the period of six months whether mere dispatch of a notice under Section 124(a) of the said Act would imply that the notice was given within the meaning of Section 124(a) and Section 110(2) of the said Act - HELD THAT - The respondents in both the appeals shall be entitled to refund of 50% of the seized amount and the watches seized by the appellant within four weeks hence subject to an undertaking filed before the Registry of this Court within ten days that if the appellant succeed in appeal, they shall make good the dues along with interest. List the matter after six weeks.

Summary

The Supreme Court of India granted leave in the case. The respondents are entitled to a 50% refund of the seized amount and watches, subject to conditions. The matter will be listed again after six weeks.