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2016 (8) TMI 1067 - DELHI HIGH COURT

2016 (8) TMI 1067 - DELHI HIGH COURT - TMI - Seeking provisional release of seized goods - modification in conditions imposed - Held that:- it is directed that the Petitioner shall be permitted to provisional release of the goods upon furnishing a bond for 100% of the full assessment value and, in view of the statement of the Petitioners, upon payment of the full duty, without prejudice to their rights and contentions in the further proceedings if any. - Petition disposed of - W.P.(C) 6667/2016 .....

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he DGCEI (Respondent No.1) and Mr. Sanjeev Narula, Advocate accepts notice for the Central Excise Department (Respondent No.2). 3. The short point involved in these petitions concerns the conditions imposed by the Respondent, Directorate General of Central Excise Intelligence ( DGCEI ), for the release of goods seized vide the panchnama dated 29th January 2016. By letters dated 9th February 2016 addressed to the Commissioner of Central Excise, DGCEI, the Petitioners had applied for the provision .....

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goods, plant & machinery; This issues with the approval of Pr. Additional Director General, CEI, New Delhi." 4. Mr. Pradeep Jain, learned counsel for the Petitioners, points out that the goods in question were seized way back on 3rd November, 2015. The Petitioners had withdrawn the writ petitions filed earlier in the expectation of orders for provisional release being passed. He submits that while the Petitioners have no difficulty in furnishing a bond for the full assessable value of t .....

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