https://www.taxtmi.com/caselaws?id=332668 The Tribunal granted the appellant, M/s Bhambhani Shipping Ltd., permission to sail out the vessel provisionally cleared on payment of duty, subject to conditions including executing an additional bank guarantee and complying with specified undertakings. The Tribunal emphasized the appellant's obligation to pay the redemption fine and imposed stringent conditions for the vessel's further use, highlighting the balance between allowing commercial activities and safeguarding public revenue. en-us Thu, 04 Aug 2016 00:00:00 +0530 Thu, 22 Sep 2016 16:05:09 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=332668 The Tribunal granted the appellant, M/s Bhambhani Shipping Ltd., permission to sail out the vessel provisionally cleared on payment of duty, subject to conditions including executing an additional bank guarantee and complying with specified undertakings. The Tribunal emphasized the appellant's obligation to pay the redemption fine and imposed stringent conditions for the vessel's further use, highlighting the balance between allowing commercial activities and safeguarding public revenue. Case-Laws Customs Thu, 04 Aug 2016 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=332668