Bombay High Court Allows Writ Petition Against Customs Demand for Bank Guarantee and Bond for Past Imports — Notification 26/2000-Cus Benefit Cannot Be Withheld Retrospectively Without Show Cause Notice. The court held that demanding security for past final assessments without issuing a show cause notice or alleging fraud violates principles of natural justice and Section 28 of the Customs Act, 1962.
6 Apr 2010The petitioner, Biharilal Singhal, proprietor of HiTech Corporation, imported Printed Thermal Paper Rolls and filed two Bills of Entry in August 2009....
