https://www.taxtmi.com/caselaws?id=209479 The Court ruled in favor of the petitioner, finding that the seizure of goods under Section 110 of the Customs Act was not justified. It held that the petitioner's claim of exemption under the DFIA Scheme did not constitute misdeclaration under Sections 111(m) and (o) of the Act. The Court granted interim relief, suspending the seizure memo and panchnama, allowing the petitioner to clear the goods upon payment of customs duty and providing a bank guarantee. The decision emphasized that the order was made without prejudice to the rights of the parties involved. en-us Tue, 29 Mar 2011 00:00:00 +0530 Thu, 18 Jul 2013 16:03:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=209479 The Court ruled in favor of the petitioner, finding that the seizure of goods under Section 110 of the Customs Act was not justified. It held that the petitioner's claim of exemption under the DFIA Scheme did not constitute misdeclaration under Sections 111(m) and (o) of the Act. The Court granted interim relief, suspending the seizure memo and panchnama, allowing the petitioner to clear the goods upon payment of customs duty and providing a bank guarantee. The decision emphasized that the order was made without prejudice to the rights of the parties involved. Case-Laws Customs Tue, 29 Mar 2011 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=209479