Re-Export of Seized Goods Allowed on Bond & Bank Guarantee Pending Adjudication

Jai Enterprises Vs Principal Commissioner of Customs (Chennai-III) (Madras High Court) Summary: The writ petition before the Madras High Court sought a direction to Customs authorities to permit re-export of 202,700 square metres of fusible interlining textile coated fabrics imported by the petitioner from China. The goods were imported under a warehousing Bill of Entry dated 15.01.2025 for SEZ import and were declared under Customs Tariff Heading (CTH) 59039090. After clearance was sought, the investigating authorities initiated an inquiry and informed the petitioner that the goods were under...