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of <h1>High Court overturns duty recovery order, directs return of disputed amount to petitioners. Bank guarantee required.</h1> <h3>KN. GURUSWAMI OIL MILLS LTD. Versus UNION OF INDIA</h3> KN. GURUSWAMI OIL MILLS LTD. Versus UNION OF INDIA - 2000 (120) E.L.T. 57 (Bom.) The High Court set aside CEGAT's order directing recovery of disputed duty amount, asked department to return the recovered amount to petitioners' account by April 7, 2000. Petitioners to provide a bank guarantee by April 14, 2000. Court referred to a similar case involving high-handed recovery methods. No costs awarded.
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