https://www.taxtmi.com/caselaws?id=189067 The Tribunal allowed the applicant to take the vessel 'Seamec. II' outside India for deployment in Singapore for six months, subject to executing a bank guarantee of Rs. 3 crores in favor of the Commissioner of Customs(Import), New Custom House, Mumbai. The decision considered the pre-deposit, existing bank guarantee of Rs. 8.20 crores, and a previous order requiring a bank guarantee to protect the Revenue's interests. The Tribunal balanced the applicant's request with the need to safeguard the Revenue's interests, ultimately granting permission under specified conditions. en-us Thu, 20 Aug 2015 00:00:00 +0530 Tue, 27 Dec 2016 15:41:13 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=189067 The Tribunal allowed the applicant to take the vessel 'Seamec. II' outside India for deployment in Singapore for six months, subject to executing a bank guarantee of Rs. 3 crores in favor of the Commissioner of Customs(Import), New Custom House, Mumbai. The decision considered the pre-deposit, existing bank guarantee of Rs. 8.20 crores, and a previous order requiring a bank guarantee to protect the Revenue's interests. The Tribunal balanced the applicant's request with the need to safeguard the Revenue's interests, ultimately granting permission under specified conditions. Case-Laws Customs Thu, 20 Aug 2015 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=189067