The Customs, yesterday (11) in Court, agreed to release a batch of BYD vehicles, which had been held by the Customs, against bank and company guarantees.
The agreement was reached when the petition filed by the company that imported the vehicles was taken up before the Court of Appeal.
Accordingly, Additional Solicitor General, President’s Counsel (PC) Sumathi Dharmawardena, representing the Customs, informed the Court that the Customs agreed to release 625 vehicles held in categories such as BYD ATTO Premium (70 kilowatt [kW]), ATTO Dynamic (45 kW), ATTO Premium (45 kW), and Dolphin Dynamic (70 kW) against bank and company guarantees.
The proposal presented by the Customs was supported by Farzana Jameel PC, representing the petitioner.
Following this, the order to release the vehicles was issued by the Court.