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Customs - Highlights / Catch Notes

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Recovery of customs duty - warehoused goods - priority to ...


Bank Holds Priority Over Customs Duty Claim on Warehoused Goods Due to Pre-Established Secured Charge.

July 13, 2022

Case Laws     Customs     HC

Recovery of customs duty - warehoused goods - priority to recover dues - attachment of property - charge created by the second respondent Bank / financial institution, being a secured creditor - the second respondent bank being a secured creditor and created right over the property in question prior to the alleged attachment raised by the appellant and hence, they have preferential right over the claim of the appellant. - HC

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