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2011 (1) TMI 22 - HC - CustomsEPCG – Import of cars at concessional rate – show cause notice (SCN) issued for violation of conditions – Held that: - The statement made by the learned counsel for the Department of Customs is taken on record and it is directed that the two show cause notices dated 3rd May, 2010 should be adjudicated and decided within six weeks from the date copy of this Order is received by the Department of Customs. In case, the proceedings are dropped, the bank guarantees and the bonds given by the petitioner no.1 company or on their behalf, shall be released. In case the stand of the petitioner no.1 is not accepted, the bank guarantees and the bond shall not be invoked and enforced for a period of four weeks from the date of service of the adjudication order to enable the petitioners to file appeal or take steps to challenge the said order in accordance with law. The adjudication order as required, should be a speaking order dealing with the contentions and the pleas raised by the petitioners. Petitioners are also given liberty to file additional or further response along with documents within two weeks from the date copy of this order is received.
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