https://www.taxtmi.com/caselaws?id=359146 Provisional release of imported areca nuts was discussed in the context of disputed Sri Lankan origin and the security conditions imposed on the importer. Where the importer produced certificates of origin and a verification certificate from the Department of Commerce, Sri Lanka confirming issuance of those certificates, the doubt over origin was treated as prima facie unsustainable. In that setting, a bank guarantee equal to 100% of duty was regarded as excessively harsh and was reduced to 20% of the duty amount, while the bond for 100% of goods value was retained. en-us Tue, 10 Apr 2018 00:00:00 +0530 Tue, 24 Apr 2018 14:51:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=359146 Provisional release of imported areca nuts was discussed in the context of disputed Sri Lankan origin and the security conditions imposed on the importer. Where the importer produced certificates of origin and a verification certificate from the Department of Commerce, Sri Lanka confirming issuance of those certificates, the doubt over origin was treated as prima facie unsustainable. In that setting, a bank guarantee equal to 100% of duty was regarded as excessively harsh and was reduced to 20% of the duty amount, while the bond for 100% of goods value was retained. Case-Laws Customs Tue, 10 Apr 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=359146