https://www.taxtmi.com/caselaws?id=203071 An interim customs appeal issue concerned whether pre-deposit could be waived and whether an existing bank guarantee could serve as adequate security during pendency of the appeal. The exemption notification was read as covering aircraft used for both non-scheduled passenger services and non-scheduled charter services, which gave the appellant an arguable case at the interim stage. The bank guarantee furnished under an earlier High Court arrangement toward the duty component was treated as sufficient security for the differential customs duty. On that basis, further pre-deposit was dispensed with while the appeal remained pending. en-us Wed, 01 Sep 2010 00:00:00 +0530 Sat, 12 Mar 2011 10:39:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=203071 An interim customs appeal issue concerned whether pre-deposit could be waived and whether an existing bank guarantee could serve as adequate security during pendency of the appeal. The exemption notification was read as covering aircraft used for both non-scheduled passenger services and non-scheduled charter services, which gave the appellant an arguable case at the interim stage. The bank guarantee furnished under an earlier High Court arrangement toward the duty component was treated as sufficient security for the differential customs duty. On that basis, further pre-deposit was dispensed with while the appeal remained pending. Case-Laws Customs Wed, 01 Sep 2010 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=203071