https://www.taxtmi.com/caselaws?id=366853 The Tribunal partially allowed the appeal challenging the provisional release order, reducing the bank guarantee requirement from 200% to 50% of the differential duty amount. The Tribunal found the original conditions excessively harsh, considering the uncertainties surrounding the DRI's proposed value enhancement and the comparability of declared values with contemporaneous imports. Justice was deemed better served by adjusting the security deposit amounts in line with the specifics of the case and previous judgments, directing the Respondent Commissioner to permit provisional release under revised terms. en-us Thu, 30 Aug 2018 00:00:00 +0530 Wed, 12 Sep 2018 09:42:43 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=366853 The Tribunal partially allowed the appeal challenging the provisional release order, reducing the bank guarantee requirement from 200% to 50% of the differential duty amount. The Tribunal found the original conditions excessively harsh, considering the uncertainties surrounding the DRI's proposed value enhancement and the comparability of declared values with contemporaneous imports. Justice was deemed better served by adjusting the security deposit amounts in line with the specifics of the case and previous judgments, directing the Respondent Commissioner to permit provisional release under revised terms. Case-Laws Customs Thu, 30 Aug 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=366853