https://www.taxtmi.com/caselaws?id=374882 Provisional release of detained and seized auto parts under the Customs Act must be conditioned on measures that are reasonable and proportionate to the facts. Where the available material did not sufficiently support detention and the declared value had already been enhanced during assessment, the Tribunal treated a price list alone as inadequate to reject the declared value or justify onerous release conditions. The stringent requirements of a full-value bond and heavy bank guarantees were therefore reduced, and release was permitted on a bond for the assessed value supported by a bank guarantee of Rs. 2 lakhs. en-us Wed, 06 Feb 2019 00:00:00 +0530 Mon, 11 Feb 2019 11:45:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=374882 Provisional release of detained and seized auto parts under the Customs Act must be conditioned on measures that are reasonable and proportionate to the facts. Where the available material did not sufficiently support detention and the declared value had already been enhanced during assessment, the Tribunal treated a price list alone as inadequate to reject the declared value or justify onerous release conditions. The stringent requirements of a full-value bond and heavy bank guarantees were therefore reduced, and release was permitted on a bond for the assessed value supported by a bank guarantee of Rs. 2 lakhs. Case-Laws Customs Wed, 06 Feb 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=374882