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2015 (1) TMI 163 - MADRAS HIGH COURTSeizure of goods - Single Judge directed to release the goods subject to deposit of 40% of the differential duty and to execute bond for the remaining amount - whether the first respondent has made out a case for release of goods pending adjudication proceedings - Held that:- interest of justice would be subserved by directing the first respondent to pay 50% of the differential duty instead of 40% as a condition precedent for releasing the goods during the currency of the proceedings. - Accordingly in modification of the order passed by the learned Single Judge, the appellants are directed to release the goods subject to payment of 50% of the differential duty as assessed by the department. All other conditions imposed by the learned Single Judge would remain without any change. The appellants are directed to release the goods within a period of one week from the date of payment of 50% of the differential duty and execution of bond - Decided partly in favour of Revenue.
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