https://www.taxtmi.com/caselaws?id=216262 The Customs, Excise & Service Tax Appellate Tribunal accepted the value declared by the petitioners for imported silk fabrics, with the decision becoming final as the respondents did not appeal. Despite this, the petitioners faced difficulties in obtaining the release of bank guarantees and refund of the pre-deposit. The court ruled that the authorities had no right to withhold these amounts after the final decision and ordered them to release the bank guarantees and refund the pre-deposit with interest within 60 days. The court also emphasized that the allegations in the writ petition were not admitted without affidavits and required urgent provision of certified copies of the order to the parties. en-us Thu, 20 Jan 2011 00:00:00 +0530 Tue, 04 Sep 2012 18:07:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=216262 The Customs, Excise & Service Tax Appellate Tribunal accepted the value declared by the petitioners for imported silk fabrics, with the decision becoming final as the respondents did not appeal. Despite this, the petitioners faced difficulties in obtaining the release of bank guarantees and refund of the pre-deposit. The court ruled that the authorities had no right to withhold these amounts after the final decision and ordered them to release the bank guarantees and refund the pre-deposit with interest within 60 days. The court also emphasized that the allegations in the writ petition were not admitted without affidavits and required urgent provision of certified copies of the order to the parties. Case-Laws Customs Thu, 20 Jan 2011 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=216262