https://www.taxtmi.com/caselaws?id=375495 The Tribunal ordered the release of 55 seized cranes, emphasizing the importance of proper maintenance to preserve their value. It criticized the Commissioner for imposing harsh release terms and highlighted the need to comply with judicial orders promptly. The judgment stressed the responsibility of custodians to maintain the assets and directed the Commissioner to propose a management plan. Emphasizing public interest, it required maximizing asset value and directed the Commissioner to ensure proper custodianship or personally undertake maintenance responsibility if needed. en-us Tue, 12 Feb 2019 00:00:00 +0530 Fri, 21 Feb 2020 11:55:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=375495 The Tribunal ordered the release of 55 seized cranes, emphasizing the importance of proper maintenance to preserve their value. It criticized the Commissioner for imposing harsh release terms and highlighted the need to comply with judicial orders promptly. The judgment stressed the responsibility of custodians to maintain the assets and directed the Commissioner to propose a management plan. Emphasizing public interest, it required maximizing asset value and directed the Commissioner to ensure proper custodianship or personally undertake maintenance responsibility if needed. Case-Laws Customs Tue, 12 Feb 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=375495