9911796707
TMI Blog2014 (2) TMI 1194X X X X Extracts X X X X X X X X Extracts X X X X ..... urity – According to petitioners, recording of quantity of goods, raw material as well as finished products was not accurate – Held that:- it would be appropriate to permit petitioners to clear finished goods as per provisional release order, subject to fulfilment of condition mentioned in current judgment – On application that may be made by petitioners, provisional release of raw material also p ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... release of the goods seized under a panchnama dated September 27/28, 2012, namely : Description of Goods Quantity Value (Rs.) S.S. Pipes found loaded in the truck which were seized under panchnama dated 27/28-9-2012. 5597.700 kgs. 7,27,701/- S.S. Pipes found in the f ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ance, it would not be possible for them to later on establish that the actual quantity of material in the premises was much less than what is recorded in the said panchnama. For such purpose, the petitioners request that the goods at the time of clearance be weighed and the weight thereof be recorded in presence of both the sides. 5. Insofar as the first grievance is concerned, both the sides a ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ghed. In the panchnama that may be drawn, such weight may be recorded. (iv) The petitioners would be required to deposit 25% as provided in the provisional release order on the basis of value adopted therein, but calculated on the quantity of the goods released. It is, however, clarified that the bond to be furnished would cover the entire Amount specified in the provisional release order dat ..... X X X X Extracts X X X X X X X X Extracts X X X X
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