TMI Blog2012 (3) TMI 112X X X X Extracts X X X X X X X X Extracts X X X X ..... e petitioner and the learned counsel appearing for the respondents. 2. The learned counsel appearing for the petitioner had submitted that the petitioner had imported cosmetic goods from M/s.Falcon Gulf Logistics Pte., Ltd., Singapore, vide Invoice No.FGL/797/2011, dated 14.10.2011. The Bill of Entry No.5025442, dated 27.10.2011, had also been filed and the petitioner had claimed the clear ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... up 2) has allowed Provisional Release of the goods under Section 110A of the Customs Act, 1962, imported vide B/E No.5025442, dated 27.10.2011 filed by M/s.S.S.Impex, Pune subject to the fulfillment of the conditions given below: (i) Submission of suitable Bond for the provisional value of the goods for Rs.47,53,594/- (Rupees Forty Seven Lakhs fifty three thousand five hundred and ninety f ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ings to be initiated by the respondents. 4. In such circumstances, the petitioner is directed to furnish a bond for a sum of Rs.48,00,000/-, for the provisional value of the goods to the satisfaction of the third respondent. The petitioner shall also deposit a sum of Rs.3,00,000/-, before the third respondent, as part of the differential duty said to be payable by the petitioner. On complying wi ..... X X X X Extracts X X X X X X X X Extracts X X X X
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