https://www.taxtmi.com/caselaws?id=46317 The High Court of Delhi ruled in favor of the petitioner in a case concerning the enforcement of bank guarantees under the Customs Act, 1962. The Court held that the Deputy Commissioner of Customs was not justified in seeking enforcement of bank guarantees before the disposal of stay applications, as per Circular No. 396/29/98/CX. The bank guarantees were ordered to remain operative until the stay applications were resolved by the Commissioner of Customs (Appeals), emphasizing the binding nature of departmental Circulars and the need for procedural fairness in customs enforcement actions. en-us Mon, 15 May 2000 00:00:00 +0530 Sat, 17 Jul 2010 11:29:11 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=46317 The High Court of Delhi ruled in favor of the petitioner in a case concerning the enforcement of bank guarantees under the Customs Act, 1962. The Court held that the Deputy Commissioner of Customs was not justified in seeking enforcement of bank guarantees before the disposal of stay applications, as per Circular No. 396/29/98/CX. The bank guarantees were ordered to remain operative until the stay applications were resolved by the Commissioner of Customs (Appeals), emphasizing the binding nature of departmental Circulars and the need for procedural fairness in customs enforcement actions. Case-Laws Customs Mon, 15 May 2000 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=46317