M/S. Narayan Bandekar and Sons Pvt. Ltd. v. Assistant Commissioner, Customs and Central Excise and Anr.
Case brief
What is this about?
Parties agreed on a financial deposit by the Department and expedited adjudication by CESTAT to resolve a customs appeal pending before it, leading to the disposal of the pending writ petition and customs appeal.
What did the court decide?
Department to deposit 50% of disputed amount; Asseesee to withdraw subject to security; CESTAT appeal to be decided by 30.9.2009.