https://www.taxtmi.com/caselaws?id=46296 The Court held that the Deputy Commissioner's enforcement of bank guarantees under the Customs Act, 1962 was unsustainable in light of Circular No. 396/29/98-CX. It ruled that the bank guarantees should remain in force until the stay application is resolved by the Appellate Authority, emphasizing adherence to departmental circulars for procedural fairness in customs duty recovery matters. The writ petition was allowed in favor of the petitioner to maintain the continuity of the bank guarantees until the stay application's conclusion. en-us Mon, 15 May 2000 00:00:00 +0530 Sat, 17 Jul 2010 10:46:46 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=46296 The Court held that the Deputy Commissioner's enforcement of bank guarantees under the Customs Act, 1962 was unsustainable in light of Circular No. 396/29/98-CX. It ruled that the bank guarantees should remain in force until the stay application is resolved by the Appellate Authority, emphasizing adherence to departmental circulars for procedural fairness in customs duty recovery matters. The writ petition was allowed in favor of the petitioner to maintain the continuity of the bank guarantees until the stay application's conclusion. Case-Laws Customs Mon, 15 May 2000 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=46296