https://www.taxtmi.com/caselaws?id=3627 The court upheld the Custom Department's authority to demand a bond and guarantee for protecting revenue in a case involving the interpretation of "provisional release" in a court order. The dispute centered on differential duty payment and mis-description of imported goods. The court affirmed that the release was provisional pending final liability determination, allowing the Department to insist on the bond/guarantee until the total liability, including penalties, was assessed under the Customs Act. The application and contempt petition were dismissed, confirming the Department's right to secure revenue and prevent duty evasion. en-us Tue, 04 Apr 2006 00:00:00 +0530 Mon, 21 Apr 2008 00:00:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=3627 The court upheld the Custom Department's authority to demand a bond and guarantee for protecting revenue in a case involving the interpretation of "provisional release" in a court order. The dispute centered on differential duty payment and mis-description of imported goods. The court affirmed that the release was provisional pending final liability determination, allowing the Department to insist on the bond/guarantee until the total liability, including penalties, was assessed under the Customs Act. The application and contempt petition were dismissed, confirming the Department's right to secure revenue and prevent duty evasion. Case-Laws Customs Tue, 04 Apr 2006 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=3627