High Court Orders Release of Seized Paper Rolls Pending Determination of "Stock Lot" Status Under EXIM Code 4810.

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....Seeking release of seized goods - two-sided coated paper in rolls - it is considered to be too early for the Writ Court to express any opinion on the issue, because, adjudication is yet to commence. However, taking out of the fact that paper of all categories which has been mentioned under EXIM Code 4810 is freely importable and only issue would be whether the import effected by the respondent is a "Stock Lot" or not is to be decided. - Goods to be released - HC....