https://www.taxtmi.com/caselaws?id=362021 The Tribunal found in favor of the appellant, ruling that the assessment of imported goods without payment of duty was unjustified. It was determined that the goods had been assessed before the duty imposition notification, and the seizure by DRI was deemed unwarranted. The Tribunal ordered the release of the goods subject to a bond with a bank guarantee equal to 7.5% of the duty liability within two weeks. Additionally, the customs authorities were directed to expedite the finalization of the case within three months, without delving into detailed arguments and merits of the case. en-us Fri, 16 Mar 2018 00:00:00 +0530 Tue, 19 Jun 2018 09:24:03 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=362021 The Tribunal found in favor of the appellant, ruling that the assessment of imported goods without payment of duty was unjustified. It was determined that the goods had been assessed before the duty imposition notification, and the seizure by DRI was deemed unwarranted. The Tribunal ordered the release of the goods subject to a bond with a bank guarantee equal to 7.5% of the duty liability within two weeks. Additionally, the customs authorities were directed to expedite the finalization of the case within three months, without delving into detailed arguments and merits of the case. Case-Laws Customs Fri, 16 Mar 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=362021