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TMI Blog2012 (9) TMI 115X X X X Extracts X X X X X X X X Extracts X X X X ..... ty, based on the value of the goods, as as per the show cause notice and shall execute a personal bond for the balance 70% of the differential duty - the authorities concerned shall adjudicate the matter and pass appropriate orders thereon, on merits and in accordance with law, without any undue delay. - Writ Petition No.21157 of 2012 - - - Dated:- 24-8-2012 - MR.JUSTICE M.JAICHANDREN, J. ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... lared by the petitioner. The petitioner had furnished all the necessary documents to establish the value of the goods in question, as shown in the invoice. However, no orders had been passed, by the respondents, for the release of the said goods, even though similar goods imported by certain other importers had been cleared, based on the declared value of the goods, which was similar to that of th ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... cted an investigation into the imports of Carbide Tips and Hallow Drill Bits and had issued an alert, with regard to the values to be adopted for such goods. The investigation had lead to the recovery of parallel invoices. The said invoices had revealed the correct and prevailing prices of Carbide Tips. The CIF prices of Carbide Tips, for the year 2011-2012, are in the range of USD 46.5 and 54 per ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... 50 of 2012, had been placed before this Court. The said order had been passed by this Court following the decision of the Supreme Court, in Commissioner Vs. Navshakthi Industries Pvt. Ltd, in Civil Appeal No.3940 of 2011, in its order, dated 4.5.2012. 7. In view of the above, the respondents are directed to release the goods in question, on the payment of the entire duty payable by the petitio ..... X X X X Extracts X X X X X X X X Extracts X X X X
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