Fair market value under section 50C must reflect existing property condition, not hypothetical development, and statutory valuation steps must be foll...
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HC ruled that the delivery agent (Respondent No. 4), registered as an Authorized Sea Agent, is bound by the waiver letter issued by Respondent No. 2. Under Regulations, 2018, the agent cannot demand container detention charges when customs verifies entries and finds them correct. The court directed Respondent No. 4 to release the goods and implement the waiver for detention charges from 24.12.2024 to 10.01.2025, as per Regulation 10(1)(l). The petitioner is exempted from paying detention charges, and the petition was disposed of accordingly.
HC ruled that the delivery agent (Respondent No. 4), registered as an Authorized Sea Agent, is bound by the waiver letter issued by Respondent No. 2. Under Regulations, 2018, the agent cannot demand container detention charges when customs verifies entries and finds them correct. The court directed Respondent No. 4 to release the goods and implement the waiver for detention charges from 24.12.2024 to 10.01.2025, as per Regulation 10(1)(l). The petitioner is exempted from paying detention charges, and the petition was disposed of accordingly.
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