Delhi HC Orders 30% Bank Guarantee for Seized Goods Release

Rocktek Infra Services Pvt. Ltd. Vs Principal Commissioner of Customs (Import) (Delhi High Court) Delhi HC directs to furnish bank guarantee of 30% of differential duty for provisional release of seized goods Delhi High Court held that imposition of condition in case of provisional release of seized goods is discretionary and hence directed furnishing of bank guarantee to the tune of 30% of the differential duty instead of 130%. Facts- The Petitioner imported self-drilling bars against four bills of Entry. The said goods were seized by the Customs Department on the ground that they were wrongl...