https://www.taxtmi.com/caselaws?id=325246 An administrative customs circular cannot fetter the statutory discretion of a quasi-judicial authority by mandating, in every case, a bank guarantee equal to the differential duty for provisional release of imported goods. That instruction was held unsustainable to that extent and was not to be given effect. Provisional release was nevertheless permitted on modified conditions balancing revenue protection and clearance rights, including a bond for the full value of the goods, a reduced bank guarantee for the differential duty, auto-renewal, and compliance with RBI guidelines. en-us Tue, 23 Feb 2016 00:00:00 +0530 Thu, 20 Oct 2016 12:37:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=325246 An administrative customs circular cannot fetter the statutory discretion of a quasi-judicial authority by mandating, in every case, a bank guarantee equal to the differential duty for provisional release of imported goods. That instruction was held unsustainable to that extent and was not to be given effect. Provisional release was nevertheless permitted on modified conditions balancing revenue protection and clearance rights, including a bond for the full value of the goods, a reduced bank guarantee for the differential duty, auto-renewal, and compliance with RBI guidelines. Case-Laws Customs Tue, 23 Feb 2016 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=325246