https://www.taxtmi.com/caselaws?id=369455 Money deposited during investigation in connection with seizure was required to be adjusted against the bank guarantee sought for provisional release of goods, because the guarantee was directed only for the unpaid differential duty. As no confirmed demand had treated the deposit as an independent past liability, the deposited amount could not be ignored when computing the security. The Tribunal therefore directed acceptance of a bank guarantee for the remaining differential duty after set-off of the deposit and ordered provisional release of the goods. en-us Thu, 20 Sep 2018 00:00:00 +0530 Mon, 29 Oct 2018 07:40:38 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=369455 Money deposited during investigation in connection with seizure was required to be adjusted against the bank guarantee sought for provisional release of goods, because the guarantee was directed only for the unpaid differential duty. As no confirmed demand had treated the deposit as an independent past liability, the deposited amount could not be ignored when computing the security. The Tribunal therefore directed acceptance of a bank guarantee for the remaining differential duty after set-off of the deposit and ordered provisional release of the goods. Case-Laws Customs Thu, 20 Sep 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=369455