https://www.taxtmi.com/caselaws?id=212070 Imported goods under dispute on declared value were allowed provisional release on modified security terms, while the final valuation and adjudication remained open. The court considered the duty already paid, the differential duty on the re-determined value, and the customs authorities' offer of provisional release with bond and bank guarantee. It directed release on execution of a bond for Rs. 48,54,000 and a bank guarantee for Rs. 5,00,000, balancing revenue protection with the importer's request for release. The authorities retained liberty to continue investigation and pass final orders on the imports. en-us Wed, 28 Mar 2012 00:00:00 +0530 Tue, 04 Apr 2017 11:20:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=212070 Imported goods under dispute on declared value were allowed provisional release on modified security terms, while the final valuation and adjudication remained open. The court considered the duty already paid, the differential duty on the re-determined value, and the customs authorities' offer of provisional release with bond and bank guarantee. It directed release on execution of a bond for Rs. 48,54,000 and a bank guarantee for Rs. 5,00,000, balancing revenue protection with the importer's request for release. The authorities retained liberty to continue investigation and pass final orders on the imports. Case-Laws Customs Wed, 28 Mar 2012 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=212070