2007 (2) TMI 10

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....taken in this special leave petition in several cases, the petition is being disposed of by a detailed order. 2.Challenge is to the order passed by a Division Bench of the Delhi High Court dismissing the writ petition filed by the petitioner. Challenge in the writ petition was to the order dated 28th July, 2006 passed by the Chief Commissioner of Customs, Gujarat Zone, Ahmedabad. 3.Background fa....

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....the said market value. 6.It is stated that since the purpose of compounding is to prevent unnecessary litigation, if the interpretation given by the High Court that the quantum has to be up to 20% of the market value of the goods or up to Rs. 10,00,000/- whichever is higher is accepted same would be counter productive. 7.The guidelines for compounding are contained in the Circular No. 54/2005-Cu....