TMI Blog2020 (9) TMI 1272X X X X Extracts X X X X X X X X Extracts X X X X ..... er, 2020. The goods seized and vehicle detained on 20-8-2019 are directed to be released in favour of the petitioner forthwith on payment of Rs. 20 lacs in cash and on furnishing of security in the shape of indemnity bond for the balance amount (fine). It is made clear that the Mobile Squad Authority/assessing authority or the competent authority will release goods immediately without any delay ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... to the same amount of Rs. 9.43 lacs. and odd was also imposed. Learned Counsel for the petitioner has submitted that apart from the tax and penalty huge amount of Fine under Section 130 has also been imposed to the tune of Rs. 19,37,529/. 3. Having heard Learned Counsel for the petitioner and Learned Standing Counsel, I am of the opinion that the matter requires consideration. 4. As prayed b ..... X X X X Extracts X X X X X X X X Extracts X X X X
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