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2013 (5) TMI 682 - MADRAS HIGH COURTCondition for release the goods - exemption from Additional Duty of Customs (CVD), under Notification No.30/2004-CE, dated 9.7.2004 - Held that:- Considering the subject matter of goods are lying for a long time, the writ petition stands disposed of with a direction against the respondents to release the subject matter of goods concerned in respect of the above said Bill of Entry subject to the condition that the petitioner furnishing a bank guarantee to the entire value of Additional Duty of Customs (CVD) to the satisfaction of the second respondent, which should be kept alive till adjudication process is completed. It is made clear that as and when the bank guarantee is furnished, the respondents shall forthwith release the goods. See Shiv Shanti Exim Pvt. Ltd., Versus Commissioner of Customs [2011 (7) TMI 306 - MADRAS HIGH COURT].
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