https://www.taxtmi.com/caselaws?id=366360 The High Court considered the appeal by the Revenue against the Tribunal's decision to reduce security terms for provisional release of seized electronic goods. It held that the Tribunal had jurisdiction to modify security terms under Section 110A of the Customs Act, distinct from valuation disputes. The Court affirmed the Appellate Tribunal's authority to alter security terms under Section 129B of the Act, emphasizing the necessity for appellate review. The matter was remanded for a rehearing on the valuation dispute, instructing a detailed examination before determining security terms. The decision under appeal was set aside for reconsideration. en-us Fri, 06 Jul 2018 00:00:00 +0530 Wed, 16 Jan 2019 17:42:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=366360 The High Court considered the appeal by the Revenue against the Tribunal's decision to reduce security terms for provisional release of seized electronic goods. It held that the Tribunal had jurisdiction to modify security terms under Section 110A of the Customs Act, distinct from valuation disputes. The Court affirmed the Appellate Tribunal's authority to alter security terms under Section 129B of the Act, emphasizing the necessity for appellate review. The matter was remanded for a rehearing on the valuation dispute, instructing a detailed examination before determining security terms. The decision under appeal was set aside for reconsideration. Case-Laws Customs Fri, 06 Jul 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=366360