Bombay High Court Considers Writ Petition Against Customs Seizure of Imported Engine Oil for Alleged Undervaluation. Petitioner Challenges Investigation and Provisional Release Conditions Requiring Rs.6.7 Crores Bond and Rs.2 Crores Bank Guarantee Under Customs Act, 1962 and Customs Valuation Rules, 2007.
29 Oct 2021The petitioner, Indosheel Mould Limited, a company based in Coimbatore, imported Mercedes-Benz Engine Oil from Sinopec Lubricant (Singapore) Pte Ltd t...
