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2015 (9) TMI 400 - HC - CustomsNon-Compliance of Notification No.12 of 2012 – Provisional conditional release – Drill ship and rig respectively was brought in by petitioners and in order to fulfill obligation under contracts with ONGC – Drill ship 'ABAN ICE' and drilling Rig 'ABANIV' were seized by respondent no.3 on belief that though it were exempted from payment of duty under Notification No.12 of 2012 but terms and conditions of this notification are not complied with – Held that:- Admittedly petitioners have received provisional release order, but same imposed unreasonable conditions namely deposit of entire duty with interest and submission of bank guarantee and also submission of bond of 100% of value – Petitions can be disposed of by accepting undertakings of petitioners given to Court – Subject to compliance of this, petitioners shall be permitted to deploy its drill ships/rigs as per requirement of ONGC – However petitioners shall not be permitted to remove these drill ships/ rigs out of India save and except with prior permission of respondent no.3/ respondent no.4 – Petitions are disposed of accordingly.
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