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TMI Blog2022 (8) TMI 1261X X X X Extracts X X X X X X X X Extracts X X X X ..... the same may be allowed to be cleared and also CESTAT be directed to hear Petitioner s Appeal expeditiously. Mr. Priydarshi Manish also submitted that a similar matter has been filed before the Delhi High Court by another importer/purchaser and the Delhi High Court had modified conditions fixed by the adjudicating authority. Petition disposed off. - WRIT PETITION NO.10314 OF 2022 - - - Dated:- 29-8-2022 - K.R. SHRIRAM A.S. DOCTOR, JJ. Mr. Priydarshi Manish, Mr. Ritaj Kacker, Ms. Deepa Premachandran for Petitioner. Mr. Jitendra B. Mishra a/w Mr. Dhananjay B. Deshmukh for Respondent Nos. 2 and 4. P.C. : 1. It is Petitioner s case that they are purchasers of Basa Fish Fillets and they purchased 2,34,890 kilogra ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ed Seventy Four only). The condition of the Bond shall inter-alia, contain an undertaking that the importer shall pay the duty, fine and/or penalty as may be adjudged by the Adjudicating Authority, subject to appellate provisions under the Act. (iii) Furnishing of Security deposit/Bank Guarantee of Rs.97,00,000/- (Rs. Ninety seven lakh only) to cover estimated differential duty along-with requisite fine and penalty as per para 2.2 of CBIC Circular No.35/2017 Customs dtd.16.08.2017. The Bank Guarantee should contain a clause binding the issuing bank to keep it renewed and valid till final adjudication of the case, or in the event of non-renewal of Bank Guarantee as above, the guarantee amount be credited to the Government account by the ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... guarantee of a nationalised bank/ scheduled bank in the sum of Rs.59,67,005/- towards the differential duty together with interest thereon at the rate of 6% per annum to the satisfaction of the adjudicating authority. (b) Petitioner shall execute a Bond for the full value/estimated value of the subject goods which is Rs.3,68,89,474/- as per the form prescribed by the concerned Department. 9. Mr. Mishra says that these conditions would meet the requirements of Respondents. 10. Upon Petitioner satisfying the conditions mentioned above, the subject goods would be released forthwith by Respondent-Revenue. 11. As regards Petitioner s other prayer to direct CESTAT to expeditiously dispose Petitioner s Appeal, Petitioner may make su ..... X X X X Extracts X X X X X X X X Extracts X X X X
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