https://www.taxtmi.com/caselaws?id=269996 The court directed the respondent to assess the value of the goods expeditiously and instructed the petitioner to pay the actual duty according to the invoice value, along with a 30% differential duty and execution of a bond for the remaining 70% differential duty for the goods to be released immediately. Despite allegations of misdeclaration and misuse of the IEC code, the court allowed the release of goods upon compliance with specified duty payments and bond execution, addressing delays in release and discrepancies in declared value compared to import data. en-us Thu, 15 Oct 2015 00:00:00 +0530 Sat, 26 Dec 2015 11:27:53 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=269996 The court directed the respondent to assess the value of the goods expeditiously and instructed the petitioner to pay the actual duty according to the invoice value, along with a 30% differential duty and execution of a bond for the remaining 70% differential duty for the goods to be released immediately. Despite allegations of misdeclaration and misuse of the IEC code, the court allowed the release of goods upon compliance with specified duty payments and bond execution, addressing delays in release and discrepancies in declared value compared to import data. Case-Laws Customs Thu, 15 Oct 2015 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=269996