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2016 (5) TMI 1042 - DELHI HIGH COURT

2016 (5) TMI 1042 - DELHI HIGH COURT - TMI - Seeking release of bank guarantee - furnished at the time of provisional release of goods - Consignment seized - Mis-declaration and under-invoicing under Panchnama - Fine and penalty deposited - Respondent stated that he is not sure whether any writ petition has been filed challenging the orders of the Customs and Central Excise Settlement Commission - Held that:- the said lack of information should not lead to an adjournment as this Court only inten .....

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ntee of ₹ 43,27,338/- furnished by the petitioner at the time of provisional release of goods. It has been averred that petitioner imported a consignment of miscellaneous goods on 27th August, 2015 and the same was seized by the respondent suspecting mis-declaration and under-invoicing under Panchnama dated 30th April, 2014. It has been further averred that the seized goods were released on the payment of duty amounting to ₹ 1,74,52,066/-, execution of bond for ₹ 86, .....

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