2018 (5) TMI 2127 - HC - Customs

Time Limitation - Provisional assessment - goods have been released but the bank guarantee to the extent of 100% of the value of the goods is retained - HELD THAT - The goods have been released but the bank guarantee to the extent of 100% of the value of the goods is retained - the interest of justice would be served, if this writ petition is disposed off with a direction to the respondents to finalize the assessment within eight weeks from the date of receipt of a copy of this order. The writ petition is disposed off.

Summary

The Bombay High Court ruled that the respondents must finalize the assessment within eight weeks from the date of the order, instead of the requested three months. The writ petition is disposed of without expressing an opinion on the rival contentions.