2025 (10) TMI 1396

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....r>KARNATAKA HIGH COURT - HC (Judgement / Order / Decisions)<br>Dated:- 29-10-2025<br>WRIT PETITION NO. 24835 OF 2025 (T-CUS) - -<br>Customs<br>THE HON&#39;BLE MR. JUSTICE S.R.KRISHNA KUMAR For the Petitioner : (By Sri. M.S. Sanjeev Kumar, Advocate And Sri. Aswin Prabhu, Advocate) For the Respondents : (By Sri. M.N. Kumar, Cgc For R1, R5, R6 And R7 Sri. Unnikrishnan M., Advocate For R2 And R....

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....t deems fit under the facts and circumstances of the case, in the interest of justice and equity." 2. After arguing the matter for some time, learned counsel for the petitioner submits that the petition may be disposed of by directing the respondents to release the subject goods in favour of the petitioner who is ready to furnish Bank Guarantee to the extent of 25% of the value of the goods as ....

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....f this Court has held as under: "6. In the above circumstances, the following: a) The petitioners i.e., respondents herein would be entitled for provisional release of the imported consignment, as directed by the learned Single Judge, subject to giving security of bank guarantee or any other security to the tune of 25% of the value of the imported consignment, in terms of Section....

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....of the goods as shown in the Bill of Entry at Annexure-A and Commercial Invoice at Annexure-C. 6. Under these circumstances, having regard to the undertaking given on behalf of the petitioner, that he would furnish security/Bank Guarantee to the tune of 25% of the value of the goods as indicated in the Bill of Entry and Commercial Invoice, I deem it just and appropriate to dispose of this petit....