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2016 (4) TMI 231 - DELHI HIGH COURT

2016 (4) TMI 231 - DELHI HIGH COURT - 2016 (336) E.L.T. 73 (Del.) - Seeking alternate remedy - against order of the Commissioner granting provisional release of goods - Onerous conditions imposed by the respondents - Held that:- as was noticed in Spirotech Heat Exchangers Pvt. Ltd. v. Union of India [2016 (3) TMI 37 - DELHI HIGH COURT], since the Respondent does not appear to be inclined to follow the aforementioned orders and the binding order of the Supreme Court, and are compelling exporters .....

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re-determined value of the goods and furnishing security in the form of bank guarantee for a sum equivalent to 30% of the differential duty, with an auto renewal clause and as per RBI guidelines. - Petition disposed of - W. P. (C) 2861/2016 - Dated:- 1-4-2016 - S. Muralidhar And R. K. Gauba, JJ. For the Petitioner : Mr Priyadarshi Manish and Ms Anjali J. Manish, Advocates For the Respondent : Mr Kamal Nijhawan, Senior Standing counsel with Mr Sumit Gaur, Advocate ORDER 1. Notice. Mr Kamal Nijha .....

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ods (b) payment of ₹ 50,42,172/- that is the total duty involved on the value re-determined as above of unbranded seized goods or execution of Bank Guarantee equivalent to said amount with auto renewal clause (c) execution of Bank Guarantee of ₹ 41,37,473/ which is equivalent to 25% of the re-determined value of seized goods for the purposes of securing fine and penalty, with auto renewal clause. 4. This Court had on earlier occasions dealt with similar issues by its order dated 5th .....

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