https://www.taxtmi.com/caselaws?id=359006 Section 110A of the Customs Act authorises provisional release of seized goods on bond, security and other conditions, but those conditions must be proportionate and must protect the Revenue without imposing an unduly onerous burden on the importer. The Madras HC found that a personal bond for the full value of the goods, a bank guarantee of Rs. 1.70 crores and payment of differential duty were excessive in the circumstances, even though the Revenue's interest had to be safeguarded pending adjudication. The Court therefore modified the release conditions and directed compliance with revised terms for provisional release. en-us Mon, 16 Apr 2018 00:00:00 +0530 Mon, 23 Apr 2018 07:07:03 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=359006 Section 110A of the Customs Act authorises provisional release of seized goods on bond, security and other conditions, but those conditions must be proportionate and must protect the Revenue without imposing an unduly onerous burden on the importer. The Madras HC found that a personal bond for the full value of the goods, a bank guarantee of Rs. 1.70 crores and payment of differential duty were excessive in the circumstances, even though the Revenue's interest had to be safeguarded pending adjudication. The Court therefore modified the release conditions and directed compliance with revised terms for provisional release. Case-Laws Customs Mon, 16 Apr 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=359006