1999 (11) TMI 160

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....wa Singh, SDR, for the Respondent. [Order per : G.R. Sharma, Member (T)]. -  Shri Ravinder Narain, ld. Advocate arguing the stay petition submits that the Collector has asked for deposit of interest though the period of warehousing was to expire in December, 1999. He submits that such a direction is clearly contrary to the terms of Section 61 of the Customs Act. He submits that pursuant....

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....under the bond executed by you and (iii) that if the sale proceeds be not sufficient to cover the full amount of duty warehouse rent and all other charges, you will be liable under the terms of the bond executed by you for payment of the balance remaining and proceedings will be taken against you under that bond for the recovery of such balance." He submits that the operation of this order may be ....