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2001 (8) TMI 123

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..... moved by the writ petitioner Sanjay Dhanuka. The subject matter of controversy before the Writ Court was the liability of the petitioner to pay interest on goods warehoused by the petitioner under Section 59 of the Customs Act. The learned Judge in a detailed judgment however held that the writ petitioner was not entitled to any relief excepting that a direction on the customs authorities to relea .....

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..... earance the goods were exempted from payment of duty. 3. That being the position in law now, we have no other alternative but to set aside the judgment of the trial Court and hold that the appellants are not liable to pay any interest in respect of warehoused goods. 4. Accordingly, the judgment and/or order of the trial Court is set aside and the appeal is allowed. There will be no order as to .....

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..... ade at this stage. So far as (a) is concerned, we are informed by Mr. Sen that a fixed deposit amounting to Rs. 6 lakhs only is lying with the learned Advocate on record Mr. Hashmukh, which may be handed over to the appellant by him within a week from this date and Tax Deducted at Source (TDS) also need not be deducted out of the said amount. 7. Considering the facts and circumstances of this ca .....

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