https://www.taxtmi.com/caselaws?id=368149 The High Court modified the Tribunal's order in a customs case involving provisional release of goods. The Court balanced the interests of the Revenue and the respondent by requiring the respondent to pay duty on the declared import value, furnish a Bank Guarantee for 50% of the differential duty, execute a personal bond for the remaining 50%, and cooperate in the adjudication process. The goods were to be released provisionally within two weeks, with waiver of demurrage and detention charges. The appeal was partly allowed with no costs. en-us Mon, 24 Sep 2018 00:00:00 +0530 Thu, 04 Apr 2019 11:24:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=368149 The High Court modified the Tribunal's order in a customs case involving provisional release of goods. The Court balanced the interests of the Revenue and the respondent by requiring the respondent to pay duty on the declared import value, furnish a Bank Guarantee for 50% of the differential duty, execute a personal bond for the remaining 50%, and cooperate in the adjudication process. The goods were to be released provisionally within two weeks, with waiver of demurrage and detention charges. The appeal was partly allowed with no costs. Case-Laws Customs Mon, 24 Sep 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=368149