1993 (7) TMI 86 - HC - Customs

Summary

The High Court of Judicature at Bombay ruled in favor of a company importing steel coils for re-rolling, stating that the coils fall under Entry No. 73.08 for a 60% duty rate, not Entry No. 73.13 for a 100% duty rate. The court allowed the petition, directing discharge of the bank guarantee as the goods were already cleared. No costs were awarded. (Case citation: 1993 (7) TMI 86 - HIGH COURT OF JUDICATURE AT BOMBAY)