Summary
- The Gujarat High Court has allowed Optimist Impex LLP to provisionally release imported roasted areca nuts against fixed deposits, resolving two writ petitions on customs clearance issues.
- The court directed the petitioners to deposit ₹1,00,000 and ₹1,50,000 within three days for the provisional release of goods linked to Bills of Entry dated 07.10.2024 and 27.12.2024.
- This decision comes amid a dispute over the correct classification of roasted areca nuts under Customs Tariff Heading, impacting duty assessments.
- The implications could reshape customs practices for similar imports as final assessments are expected to follow soon after the deposits are made.
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