Customs Authority waives demurrage charges; shipping line holds lien on goods pending CESTAT decision. Bank guarantee required.
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....Seeking waiver of the demurrage and detention charges - release the consignment - The respondent – Customs Authority has acted fairly by expressing that it is not going to charge the demurrage charges, however, the shipping line would have a right and lien over the goods until the matter is decided by the CESTAT. There shall a need to direct furnishing of some security which should be in the form of the bank guarantee, in the given circumstances. - HC....




TaxTMI
TaxTMI