https://www.taxtmi.com/caselaws?id=259108 The court allowed the petitions challenging differential duty demands on betel nut imports under the Indo-Srilanka Free Trade Agreement. It permitted provisional clearance of goods upon payment of admitted duty liability at concessional rate, furnishing a bond for differential duty, and providing a Bank Guarantee. Compliance with the trade agreement, submission of Bank Guarantee, and payment of differential duty if concessional rate not applicable were required. Customs authorities were directed to release goods upon meeting conditions and conclude the enquiry within six months for timely resolution. en-us Tue, 10 Mar 2015 00:00:00 +0530 Wed, 30 Sep 2015 11:40:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=259108 The court allowed the petitions challenging differential duty demands on betel nut imports under the Indo-Srilanka Free Trade Agreement. It permitted provisional clearance of goods upon payment of admitted duty liability at concessional rate, furnishing a bond for differential duty, and providing a Bank Guarantee. Compliance with the trade agreement, submission of Bank Guarantee, and payment of differential duty if concessional rate not applicable were required. Customs authorities were directed to release goods upon meeting conditions and conclude the enquiry within six months for timely resolution. Case-Laws Customs Tue, 10 Mar 2015 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=259108