2015 (7) TMI 817

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..... fine and penalty in case goods are found to be liable to confiscation. We have directed the petitioner to furnish bond of 100% value of the goods. Therefore, our order is in consonance with the Circulars issued by the Customs Department. - goods of the petitioner shall be released for export expeditiously preferably within a period of one week from the date of copy of this order is produced before .....

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..... etitioner has urged that he is claiming duty drawback under Sections 74 and 75 of the Customs Act under Chapter Heading 7318 whereas the respondents are claiming duty drawback under Chapter Heading 7308 which is 1.9%. Apart from it, according to the respondents, the weight of the material which is to be exported is less whereas the petitioner has shown more weight. The petitioner has made a clear .....

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..... for export expeditiously preferably within a period of one week from the date of copy of this order is produced before respondent No.2 provided the petitioner furnishes bond equal to the amount of seized goods other than cash and bank guarantee. This order shall be complied with by the authority. 6. With the above observations, the petition stands disposed of. Direct service is permitted. - .....

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