https://www.taxtmi.com/caselaws?id=371307 Contemporaneous import data supported the Customs authorities' enhanced valuation, and no reliable contrary material was produced to unsettle that basis. The Tribunal therefore upheld the provisional release terms already fixed, finding the bond and bank guarantee adequate to cover the likely duty, redemption fine and penalty on the enhanced value. Provisional release was permitted only on compliance with the existing enhanced-value bond and specified bank guarantees, and the release mechanism was sustained without modification. en-us Thu, 20 Sep 2018 00:00:00 +0530 Mon, 03 Dec 2018 08:59:47 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=371307 Contemporaneous import data supported the Customs authorities' enhanced valuation, and no reliable contrary material was produced to unsettle that basis. The Tribunal therefore upheld the provisional release terms already fixed, finding the bond and bank guarantee adequate to cover the likely duty, redemption fine and penalty on the enhanced value. Provisional release was permitted only on compliance with the existing enhanced-value bond and specified bank guarantees, and the release mechanism was sustained without modification. Case-Laws Customs Thu, 20 Sep 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=371307