Home Case Index All Cases Customs Customs + AT Customs - 2020 (2) TMI AT This
Forgot password New User/ Regiser ⇒ Register to get Live Demo
2020 (2) TMI 1560 - AT - CustomsProvisional release of seized goods on execution of a bank guarantee for the full seizure value and a security deposit - case of appellant is that seizure value taken by the Customs is much higher than the prevailing market value - HELD THAT:- After hearing both sides and considering the totality of facts of the case, the interests of justice would be met if the appellant gives a bond for the entire seizure value of the goods and makes a Security Deposit of ₹ 15.00 Lakhs in each of these cases. On execution of bonds and payment of security deposits, the seized goods shall be provisionally released. Petition disposed off.
|