2026 (3) TMI 1711

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....ment / Order / Decisions)<br>Dated:- 16-3-2026<br>WP No. 2347 of 2026 and WMP Nos. 2603 and 2604 of 2026 - -<br>Customs<br>Hon&#39;ble Mr. Justice Mohammed Shaffiq For the Petitioner : Mr. Shravan kochar for Mr. B. Satish Sundar. For the Respondent : Mr. S. Gurumoorthy Standing Counsel. ORDER This writ petition is filed challenging the Provisional Release Order dated 23.12.2025 bearing....

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....025, officers of the DRI, Delhi Zonal Unit, conducted a search at M/s Vinod Sai Agri Cold Storage LLP, Nallur Village and M/s.Komas Cold Storage Pvt. Ltd., Vadaperumbakkam, Chennai and recovered 1,065 bags of maize popcorn bearing foreign markings indicating Nepal origin, which were stored in the name of the petitioner. The petitioner submitted that solely based on the foreign markings on the gunn....

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....ase. On the above representation, the impugned order of provisional release was passed wherein the following conditions have been imposed: Specific Conditions: * The importer shall execute a Bond for Rs.&nbsp;13,43,750/-, equivalent to the total determined value of the seized goods; * The importer shall furnish a Bank Guarantee (BG) for Rs.&nbsp;6,71,875/-, equivalent to....

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....payment of 100% margin money. He would also place reliance on the order of the Hon'ble Supreme Court in the case of Commissioner v. Navashakti Inds. Pvt. Ltd. reported in 2011 (26) E.L.T. A146 (S.C.), insofar as the Bank Guarantee there was a direction to furnish Bank Guarantee of 30% of the duty. 7. Learned Standing Counsel for the respondent Mr. S. Gurumurthy, submitted that this case involve....