9911796707
TMI Blog2015 (12) TMI 924X X X X Extracts X X X X X X X X Extracts X X X X ..... of ₹ 33 crores have also been furnished with the Revenue - Further collection of amount demanded towards penalty and fine has been stayed by this Tribunal vide stay order dated 15.7.2014. Further we find that the interest of revenue is secured in view of the Bond and Bank Guarantee and also the pre-deposit made vide the said order dated 15.7.2014 of this Tribunal. Thus, we permit the appella ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... The appellant M/s Bhambhani Shipping Ltd. and its Director Mr. Hari Bhambhani have filed miscellaneous application in their respective appeals for release of the Vessel/Barge HALANI STAR, which was imported vide Bill of Entry No. 4460906 dated 25.8.2011 and was cleared provisionally on payment of full duty on the re-determined valuation as per Order-in-Original dated 24.2.2014 differential duty w ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ered by 15.1.2015. Accordingly, the appellant approached the Assistant Commissioner of Customs by filing a letter dated 13.10.2014 for obtaining permission to sail or take the Barge - HALANI STAR and to put to use at Sharjah, UAE for a period of 18 months (firm). It is further informed that the vessel is holding Indian Flag. The appellants plea for taking the vessel to UAE was rejected by the Ass ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... he vessel to UAE by the adjudicating authority is unjustified. Thus, he further prays that the Tribunal may grant the permission to appellant to sail the vessel to UAE on such condition as the Tribunal may deem fit. 4. The learned AR appearing for the Revenue states that in view of the huge fine and penalty still lying unpaid, the rejection by the learned Assistant Commissioner is justified and ..... X X X X Extracts X X X X X X X X Extracts X X X X
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