https://www.taxtmi.com/caselaws?id=285420 The appeal was successful as the Tribunal reduced the bank guarantee for re-export from an exorbitant amount to 25% of the duty value, following a Gujarat High Court judgment. The appellant was required to provide a bank guarantee of Rs. 1,29,00,000 (25% of duty) and execute a bond for 100% of the goods' value, resulting in the appeal being allowed under these conditions. en-us Fri, 03 May 2019 00:00:00 +0530 Fri, 10 Jan 2020 18:30:01 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=285420 The appeal was successful as the Tribunal reduced the bank guarantee for re-export from an exorbitant amount to 25% of the duty value, following a Gujarat High Court judgment. The appellant was required to provide a bank guarantee of Rs. 1,29,00,000 (25% of duty) and execute a bond for 100% of the goods' value, resulting in the appeal being allowed under these conditions. Case-Laws Customs Fri, 03 May 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=285420