https://www.taxtmi.com/caselaws?id=241790 The Bombay High Court directed the customs authorities to promptly process applications for reducing Extra Duty Deposit (EDD) from 5% to 1% for imports from related parties pending finalization of Bills of Entry. The court emphasized that any lack of information was the petitioners' responsibility, but the authorities should not unduly delay the decision-making process. The directive aimed to ensure a timely resolution of the pending applications in accordance with the law, without imposing costs on either party. en-us Wed, 20 Nov 2013 00:00:00 +0530 Thu, 06 Aug 2015 12:30:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=241790 The Bombay High Court directed the customs authorities to promptly process applications for reducing Extra Duty Deposit (EDD) from 5% to 1% for imports from related parties pending finalization of Bills of Entry. The court emphasized that any lack of information was the petitioners' responsibility, but the authorities should not unduly delay the decision-making process. The directive aimed to ensure a timely resolution of the pending applications in accordance with the law, without imposing costs on either party. Case-Laws Customs Wed, 20 Nov 2013 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=241790