1987 (8) TMI 120 - HC - Customs

Summary

The High Court of Bombay allowed the appeal in favor of the appellants in the case of Bharat Commerce & Industries Ltd. regarding promissory estoppel. The respondents were directed to levy customs duty on PVC resin as per the notification dated 15th March 1979 and refund any excess duty collected. The appellants were permitted to withdraw a specified amount deposited in court after 8 weeks. No costs were awarded.