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2007 (7) TMI 675

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..... ya, Mr.S.Venkateshwaran with Ms.S.Priya, Mr.Karl Shroff with Subodh Skurdukar for the respondent JUDGEMENT Admit on the following substantial questions of law:- a) Whether the CESTAT was correct in holding that the order of confiscation under section 111(j) of the Customs Act, 1962 was not legal on the ground that the importers had obtained the permissions for conversion of the vessels and t .....

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..... nd had filed Bills of Entry for clearance of the vessels as goods as required under section 46 of the Customs Act, 1962 for the clearance of which the compliance of the provisions of section 47 was a statutory requirement ? d) Whether the CESTAT was correct in holding that the confiscation under section 111(j) is not applicable since the section 111 (j) deals with permission for removal of the g .....

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..... or 50% of the amount of fine and penalty in favour of the appellant within a period of 6 weeks from today and shall keep the same alive pending hearing and final disposal of the appeal. ii. The existing bank guarantee already given by the respondent No.1 to the appellant to be returned on the respondent No.1 furnishing the bank guarantee as indicated in the order. iii. This order is subject to .....

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