https://www.taxtmi.com/caselaws?id=189139 The High Court directed the release of goods detained by the Directorate of Revenue Intelligence (DRI) upon payment of due duty. The petitioners were required to provide a bank guarantee for disputed exemption of basic custom duty. Despite delays and objections by the authorities, the Court confirmed the goods as Cold Rolled Steel and ordered their release upon payment of duty and furnishing bank guarantees. The judgment emphasized accurate duty calculations, proper conduct by authorities, and timely release of goods to ensure fair treatment of the petitioners and adherence to legal procedures. en-us Tue, 02 Aug 2016 00:00:00 +0530 Thu, 29 Dec 2016 10:01:30 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=189139 The High Court directed the release of goods detained by the Directorate of Revenue Intelligence (DRI) upon payment of due duty. The petitioners were required to provide a bank guarantee for disputed exemption of basic custom duty. Despite delays and objections by the authorities, the Court confirmed the goods as Cold Rolled Steel and ordered their release upon payment of duty and furnishing bank guarantees. The judgment emphasized accurate duty calculations, proper conduct by authorities, and timely release of goods to ensure fair treatment of the petitioners and adherence to legal procedures. Case-Laws Customs Tue, 02 Aug 2016 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=189139