https://www.taxtmi.com/caselaws?id=357855 Provisional release conditions for seized imported goods were modified where the importer offered revenue security and was a regular importer, and where demurrage had become disproportionate to the value of the goods and duty involved. The Tribunal held that requiring deposit of the entire duty at that stage was not justified. The importer was directed to deposit 30% of the duty in cash and execute a bond for the balance, and the goods were to be provisionally released. en-us Tue, 27 Feb 2018 00:00:00 +0530 Sat, 16 Mar 2019 15:17:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=357855 Provisional release conditions for seized imported goods were modified where the importer offered revenue security and was a regular importer, and where demurrage had become disproportionate to the value of the goods and duty involved. The Tribunal held that requiring deposit of the entire duty at that stage was not justified. The importer was directed to deposit 30% of the duty in cash and execute a bond for the balance, and the goods were to be provisionally released. Case-Laws Customs Tue, 27 Feb 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=357855