https://www.taxtmi.com/caselaws?id=259650 The Tribunal upheld the Commissioner's decision to maintain the Bank Guarantee at 15% of the declared value of goods for provisional release, rejecting the appellant's request for further reduction. The appellant's non-cooperation with the investigation, allegations of mis-declaration, and significant overvaluation of goods were key factors considered. The Tribunal emphasized the seriousness of the violations and the need for adequate security measures to prevent fraudulent activities, concluding that the Commissioner's decision was justified in this case. en-us Wed, 10 Dec 2014 00:00:00 +0530 Sat, 16 May 2015 06:20:58 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=259650 The Tribunal upheld the Commissioner's decision to maintain the Bank Guarantee at 15% of the declared value of goods for provisional release, rejecting the appellant's request for further reduction. The appellant's non-cooperation with the investigation, allegations of mis-declaration, and significant overvaluation of goods were key factors considered. The Tribunal emphasized the seriousness of the violations and the need for adequate security measures to prevent fraudulent activities, concluding that the Commissioner's decision was justified in this case. Case-Laws Customs Wed, 10 Dec 2014 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=259650