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Customs - Highlights / Catch Notes

Home Highlights March 2019 Year 2019 This

Release of consignments - import of several units of old, used ...


Court Allows Release of Used Digital Machines Upon Bond and Security; Importer Complies with Foreign Trade Policy.

March 13, 2019

Case Laws     Customs     HC

Release of consignments - import of several units of old, used Digital Multifunction Print & Copying Machines - importer not having challenged the Foreign Trade Policy itself, goods allowed to be released on furnishing of furnishing a bond for 90% of the enhanced valuation of the goods, and security for the remaining 10%

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