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Issues: Whether the applicant was entitled to regular bail in a prosecution under the Customs Act, 1962.
Analysis: The Court applied the settled principles governing bail, including the presumption of innocence, that bail is the rule and denial the exception, the seriousness of the accusation, the severity of punishment, the likelihood of the accused fleeing from justice, and the possibility of misuse of liberty or tampering with evidence. It noted that the charge-sheet had not yet been filed, but substantial investigation was already over and custodial interrogation had effectively concluded. The offence was triable by the Magistrate and carried a maximum sentence of seven years. The Court also found that the valuation of the goods was not clearly supported by the material on record, that the case appeared to be at a borderline valuation level, and that the applicant was a resident of Surat with established roots and business, reducing the risk of absconding. These circumstances justified exercise of discretion in favour of release on bail.
Conclusion: Regular bail was granted to the applicant on terms and conditions imposed by the Court.