High Court orders release of goods upon bank guarantee for Customs Duty

The High Court of Madras ordered the respondents to release goods upon the petitioner furnishing a bank guarantee for the Additional Duty of Customs (CVD) due to the lack of exemption under Notification No.30/2004-CE. The petitioner was required to provide the bank guarantee for the full CVD amount until the adjudication process concluded for Bill of Entry No.3274284 and Bill of Entry No.3325340.

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The High Court of Madras directed the respondents to release goods upon furnishing a bank guarantee for Additional Duty of Customs (CVD) in a case involving Bill of Entry No.3274284 and Bill of Entry No.3325340. The exemption from CVD under Notification No.30/2004-CE was not granted. The petitioner was instructed to provide the bank guarantee for the entire CVD amount until the adjudication process is completed.

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