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2020 (3) TMI 1354 - ANDHRA PRADESH HIGH COURTSeeking release of the goods seized by the respondents - HELD THAT:- It is directed that the petitioner to furnish bank guarantee equivalent to 30% of the differential duty and for the remaining amount, solvent surety to the satisfaction of the officer concerned. On furnishing such bank guarantee and solvent surety, the goods shall be released. It is made clear that bank guarantee so furnished by the petitioner shall be renewed from time to time until finalization of the proceedings.
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