9911796707
TMI Blog2015 (10) TMI 2124X X X X Extracts X X X X X X X X Extracts X X X X ..... lease subject to execution of bond for full value and furnishing of bank guarantee for ₹ 1.5 Crores. Held That:- Release of goods on fulfilment of conditions of the execution of bond, furnishing bank guarantee for Rupees One Crore, in three instalments and furnish bank guarantee for ₹ 50,00,000/- ; 50% of seized goods to be released - Bank guarantee for further sum of ₹ 25,00 ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... iled to quash two seizure mahazars dated 19-3-2014 and to direct the release of the goods seized. W.P. 25581/2014 was filed to quash the provisional release order dated 23-5-2014. 2. Petitioner imported on 24-12-2013 under BOEE No. 41724413 goods described as shoulder type power weeder AHM200 (for agricultural use) by classifying them under customs tariff heading 8432 80 90. On 1-1-2014, 3 ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... tters were seized under two mahazars. Challenging the said action and for release of the goods seized, W.P. 16638/2014 was filed. 4. A show cause notice dated 5-5-2014 was issued and served on the petitioner by the respondents. Advocate for the petitioner, Sri Hari Radhakrishanan, sent e-mail on 10-5-2014, to the Commissioner for Customs, requesting the provisional release of the goods. On 23-5 ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ts are directed to release the seized goods subject to (i) the execution of bond for the value of the seized goods and (ii) furnishing bank guarantee for Rupees One Crore, in three instalments. The petitioner shall execute the bond for the value of the entire goods and furnish bank guarantee for Rs. 50,00,000/- on or before 15-9-2014. Simultaneously, respondents shall release 50% of the seized go ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ted 13-1-2014 passed by the Addl. Commissioner of Customs, being under protest, the rights of the petitioner shall be subject to the final order that may be passed by the adjudicating authority. The grounds raised in these writ petitions relating to the impugned proceedings are left open. It is also made clear that, in case, the petitioner is aggrieved by the order that may be passed by the adj ..... X X X X Extracts X X X X X X X X Extracts X X X X
|
