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2023 (8) TMI 1437

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..... the exemption under Notification No.3/57- seized vehicle - Show Cause Notice issued - execute the bond and also to execute a bank guarantee - HELD THAT:- In case, the petitioner has sustained loss on account of the alleged fraud by the seller of the car and the dealer, the petitioner has to recover the loss from his seller and dealer who facilitated the sale of car to the petitioner. Considering .....

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..... The details of the imported car are as under: (1) Registration Certificate No - PB 36 J 9799 (2) Registration Date 03.05.2021 valid upto 02.05.2035 (3) Make - TOYOTA LAND CRUISER, 09/2020 (4) Registered in the Name of - KRISHNAMURTHY (5) Chassis No - JTMHV02J504286544 (6) Engine No - 1VD0494400 2. The vehicle was seized from the petitioner on 06.08.2021. Since the car was imported by .....

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..... . 4. In case, the petitioner has sustained loss on account of the alleged fraud by the seller of the car and the dealer, the petitioner has to recover the loss from his seller and dealer who facilitated the sale of car to the petitioner. Considering the fact that the imported car is prone to depreciation, a direction is given to the respondents to finally assess the imported car to duty and pass .....

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