https://www.taxtmi.com/caselaws?id=41799 The Court ruled in favor of the petitioners, quashing the demand notice u/s 72(1) of the Customs Act. The bond executed by the petitioners was canceled, and costs were awarded to the petitioners. The judgment highlighted the importance of legal provisions governing duty payment and the rights of importers under the Customs Act, emphasizing the need for compliance with court orders in a timely manner. en-us Mon, 01 Dec 1986 00:00:00 +0530 Mon, 07 Jun 2010 11:24:26 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=41799 The Court ruled in favor of the petitioners, quashing the demand notice u/s 72(1) of the Customs Act. The bond executed by the petitioners was canceled, and costs were awarded to the petitioners. The judgment highlighted the importance of legal provisions governing duty payment and the rights of importers under the Customs Act, emphasizing the need for compliance with court orders in a timely manner. Case-Laws Customs Mon, 01 Dec 1986 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=41799