Prateek International v. the Commissioner of Customs (Imports)
Case brief
What is this about?
In a conditional disposition of the writ petition, the Court stayed the detention of goods by directing the Competent Authority to release them upon execution of a bond and Bank Guarantee. The Court expressed no opinion on the rival contentions regarding the merits or necessity of the goods.
What did the court decide?
Competent Authority to release goods upon execution of bond (150% of value) and Bank Guarantee (30% of Duty) within two weeks.