https://www.taxtmi.com/caselaws?id=376691 The court found that the provisional release order of seized goods was illegal and arbitrary, violating Customs Acts and Rules. The Adjudicating Authority's valuation increase lacked justification and adherence to Customs Valuation Rules. The impugned order was set aside, and the seized goods were ordered to be released upon specific conditions being met, including a bond and bank guarantee. The Adjudicating Authority was directed to release the goods promptly within two weeks, emphasizing the importance of following legal procedures and principles in customs valuation cases. en-us Fri, 08 Mar 2019 00:00:00 +0530 Fri, 15 Mar 2019 08:05:33 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=376691 The court found that the provisional release order of seized goods was illegal and arbitrary, violating Customs Acts and Rules. The Adjudicating Authority's valuation increase lacked justification and adherence to Customs Valuation Rules. The impugned order was set aside, and the seized goods were ordered to be released upon specific conditions being met, including a bond and bank guarantee. The Adjudicating Authority was directed to release the goods promptly within two weeks, emphasizing the importance of following legal procedures and principles in customs valuation cases. Case-Laws Customs Fri, 08 Mar 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=376691