https://www.taxtmi.com/caselaws?id=202566 The High Court directed the petitioners to file affidavits and secure the duty assessed for the release of goods. The court clarified that the security should be in the form of an unconditional bank guarantee approved by the Commissioner of Customs, replacing the requirement for cash security. The modified order mandated the petitioner to provide a bank guarantee for the entire assessed amount, leading to the release of goods within 48 hours. The court also set timelines for filing affidavits and scheduled further proceedings while keeping all questions open, including the maintainability of the writ application. en-us Mon, 29 Jun 2009 00:00:00 +0530 Fri, 21 Jan 2011 18:12:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=202566 The High Court directed the petitioners to file affidavits and secure the duty assessed for the release of goods. The court clarified that the security should be in the form of an unconditional bank guarantee approved by the Commissioner of Customs, replacing the requirement for cash security. The modified order mandated the petitioner to provide a bank guarantee for the entire assessed amount, leading to the release of goods within 48 hours. The court also set timelines for filing affidavits and scheduled further proceedings while keeping all questions open, including the maintainability of the writ application. Case-Laws Customs Mon, 29 Jun 2009 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=202566