2019 (4) TMI 1760

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..... lly after the averments made in paragraph 44 of the Rejoinder Affidavit. We have also verified these questions again; two things are clear; that the Gold Dore Bars, which have been seized were stock-in-trade of the petitioner and have been imported as raw materials and also; that the goods were custom cleared and duty paid. This fact is not denied by the respondent-department. Therefore, goods .....

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..... Short Counter and Rejoinder Affidavits have been exchanged. Instructions dated 29.4.2019 have also arrived and placed before the Court, which indicate that the goods, which have been seized are custom paid goods duly cleared by the Custom authorites. Instructions have been retained on record. Heard Mr Tarun Gulati, learned counsel for the petitioner and Sri Gaurav Mahaj .....

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..... r may be released after proper verification and identification of the goods to the satisfaction of the authority concerned within next ten days without demanding any security. On all other facts, it will be open to the authorities concerned to proceed against the petitioner in the regular assessment proceeding in accordance with law. Admit. List for hearing in due course. A det .....

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