1995 (6) TMI 18 - HC - Customs

Summary

The High Court of Judicature at Bombay ruled against M/s. Universal Products in a case involving the payment of customs duty on a timber load imported from Singapore. The court determined that the duty payable is based on the date the Bill of Entry is presented, not the date of representation. The Petitioners' claim was deemed devoid of merit, and the Rule was discharged with costs, allowing the Respondents to enforce the bank guarantee. (Case Citation: 1995 (6) TMI 18)