https://www.taxtmi.com/caselaws?id=343496 The court modified the conditions for provisional release of imported goods seized by the DRI, reducing the Bank Guarantee requirement to 15% of the differential duty. The court balanced the petitioner's financial constraints with the revenue's interest, ensuring fairness and retaining the authorities' adjudication rights. The court directed specific compliance measures for the provisional release of goods under adjusted conditions, emphasizing the need for a case-specific approach in exercising discretion under Section 110A of the Customs Act. en-us Fri, 19 May 2017 00:00:00 +0530 Sat, 18 Nov 2017 17:53:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=343496 The court modified the conditions for provisional release of imported goods seized by the DRI, reducing the Bank Guarantee requirement to 15% of the differential duty. The court balanced the petitioner's financial constraints with the revenue's interest, ensuring fairness and retaining the authorities' adjudication rights. The court directed specific compliance measures for the provisional release of goods under adjusted conditions, emphasizing the need for a case-specific approach in exercising discretion under Section 110A of the Customs Act. Case-Laws Customs Fri, 19 May 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=343496