https://www.taxtmi.com/caselaws?id=244107 The court directed the respondent to release the goods upon the petitioner furnishing a bank guarantee of Rs. 22.50 lakhs and making a cash payment of Rs. 22.50 lakhs, totaling Rs. 45 lakhs. The petitioner was required to keep the bank guarantee active until the appeal's finalization. Failure to comply would result in penal action. The Tribunal was instructed to promptly dispose of the pending appeals. The writ petition was disposed of with these directions, no costs imposed, and the connected Miscellaneous Petition was closed. en-us Mon, 19 Sep 2011 00:00:00 +0530 Tue, 18 Feb 2014 10:17:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=244107 The court directed the respondent to release the goods upon the petitioner furnishing a bank guarantee of Rs. 22.50 lakhs and making a cash payment of Rs. 22.50 lakhs, totaling Rs. 45 lakhs. The petitioner was required to keep the bank guarantee active until the appeal's finalization. Failure to comply would result in penal action. The Tribunal was instructed to promptly dispose of the pending appeals. The writ petition was disposed of with these directions, no costs imposed, and the connected Miscellaneous Petition was closed. Case-Laws Customs Mon, 19 Sep 2011 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=244107