Recovery of encashment of bank guarantee cannot be made effective until expiry of appeal period: Delhi HC

Amar Singh And Sons Tree Nuts LLP Vs Superintendent of Customs (Delhi High Court)

The present writ petition praying for stay of encashment of the subject bank guarantee in terms of the Order-in-Original dated 06.12.2024 passed by Principal Commissioner of Customs. The matter arises out of three “Advance Authorisation Licenses” which allow to import “Walnut Inshell of Chandler Variety” at nil rate of duty with the condition that the Petitioner would fulfil the export obligations.

A show cause notice (SCN) was issued by Directorate of Revenue Intelligence (DRAI) whereb

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