https://www.taxtmi.com/caselaws?id=400936 Pending consideration of an EPCG relaxation application, the interim arrangement allowed the customs authority to proceed with encashment of the bank guarantee for customs dues, but protected the petitioner by requiring the realised amount to be kept in a separate account and not appropriated as government dues until the EPCG Committee passed a reasoned order after hearing the parties. The Committee was directed to decide the relaxation application within four weeks. The effect was partial interim relief: encashment could continue, but final appropriation was stayed pending the Committee's decision. en-us Thu, 10 Sep 2020 00:00:00 +0530 Tue, 09 Feb 2021 10:52:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=400936 Pending consideration of an EPCG relaxation application, the interim arrangement allowed the customs authority to proceed with encashment of the bank guarantee for customs dues, but protected the petitioner by requiring the realised amount to be kept in a separate account and not appropriated as government dues until the EPCG Committee passed a reasoned order after hearing the parties. The Committee was directed to decide the relaxation application within four weeks. The effect was partial interim relief: encashment could continue, but final appropriation was stayed pending the Committee's decision. Case-Laws Customs Thu, 10 Sep 2020 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=400936