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TMI Blog2021 (9) TMI 662X X X X Extracts X X X X X X X X Extracts X X X X ..... urity to an extent of 10% of the value of the goods - HELD THAT:- The appellants/Revenue may be directed to release the goods on condition the respondent executing a bond for the value of the goods and bank guarantee to an extent of 10% of the value of the goods. Therefore, it is directed that the appellants to release the goods on condition the respondent executing a bond for the value of the go ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... n to issue a Writ of Mandamus to direct the respondents to cause release of the goods imported under Bill of Entry No.3192548, dated 18.3.2021 namely ''Coated Paper Sheets'' without any further delay 2.Mr.B.Satish Sundar, learned counsel appearing for the respondent submitted that in similar circumstances, this Court, in W.A(MD)Nos.1176 and 1177 of 2021 by order, dated 21.6.2021 ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... nt.P(MD)No.1067 of 20121. In the counter affidavit filed by the respondent therein, they have specifically stated that the goods may be released as directed by the Division Bench in the Writ Appeals and the learned counsel would submit that they are willing to execute a bond for the value of goods and a bank guarantee towards security to an extent of 10% of the value of the goods. 4.The learned ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... the matters are identical, we are of the considered view that the appellants/Revenue may be directed to release the goods on condition the respondent executing a bond for the value of the goods and bank guarantee to an extent of 10% of the value of the goods. Therefore, we direct the appellants to release the goods on condition the respondent executing a bond for the value of the goods and bank g ..... X X X X Extracts X X X X X X X X Extracts X X X X
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