Bombay High Court Modifies Bank Guarantee Condition for Provisional Release of Seized Goods Under Customs Act — Instructions of CBEC Require Bank Guarantee Not to Exceed Twice the Duty Amount. The court directed the Commissioner to recompute the bank guarantee in accordance with CBEC instructions, ensuring it does not exceed twice the duty amount, and to release the goods upon compliance.
11 Jul 2011The petitioner, Bhavik K. Shah, filed a writ petition under Article 226 of the Constitution seeking a declaration that the detention of certain goods ...






