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2022 (8) TMI 1261 - BOMBAY HIGH COURTDemand of differential duty - Execution of Bond for an amount equal to the assessable value of the seized goods - HELD THAT:- We are inclined to relax the conditions imposed by adjudicating authority in view of Petitioner’s statement that Petitioner has deposited a sum of Rs.1.50 Crores with the Directorate of Revenue Intelligence. Mr. Priydarshi Manish states that Petitioner will not apply for the return of money until the Appeal is disposed by CESTAT. Statement accepted. Mr. Priydarshi Manish appearing for Petitioner prays that the goods being perishable, the same may be allowed to be cleared and also CESTAT be directed to hear Petitioner’s Appeal expeditiously. Mr. Priydarshi Manish also submitted that a similar matter has been filed before the Delhi High Court by another importer/purchaser and the Delhi High Court had modified conditions fixed by the adjudicating authority. Petition disposed off.
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