https://www.taxtmi.com/caselaws?id=201717 The Court disposed of the petition challenging show cause notices issued by the Commissioner of Customs, directing adjudication within a specified timeframe. The petitioner's request for quashing notices, return of bank guarantees, and bond cancellation was addressed. Emphasis was placed on examining each import under the EPCG license separately, considering factual variations. The roles of DGFT and Customs Department in monitoring obligations were clarified, with instructions for release or non-invocation of guarantees and bonds based on case outcomes, allowing for further legal recourse. en-us Tue, 04 Jan 2011 00:00:00 +0530 Fri, 24 Jun 2011 12:48:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=201717 The Court disposed of the petition challenging show cause notices issued by the Commissioner of Customs, directing adjudication within a specified timeframe. The petitioner's request for quashing notices, return of bank guarantees, and bond cancellation was addressed. Emphasis was placed on examining each import under the EPCG license separately, considering factual variations. The roles of DGFT and Customs Department in monitoring obligations were clarified, with instructions for release or non-invocation of guarantees and bonds based on case outcomes, allowing for further legal recourse. Case-Laws Customs Tue, 04 Jan 2011 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=201717