https://www.taxtmi.com/caselaws?id=401580 The High Court set aside the refusal of provisional release for vessel MT Global Rani, directing its release upon the vessel owner furnishing a bond and bank guarantee. The Court emphasized the applicability of section 110-A of the Customs Act for provisional release, rejecting the reliance on Circular No.35/2017-Customs. Previous similar cases were considered, leading to the Court's decision to grant provisional release in this instance. The order mandated compliance with formalities and reserved further contentions for subsequent proceedings, with no costs awarded. en-us Thu, 10 Dec 2020 00:00:00 +0530 Fri, 11 Dec 2020 15:06:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=401580 The High Court set aside the refusal of provisional release for vessel MT Global Rani, directing its release upon the vessel owner furnishing a bond and bank guarantee. The Court emphasized the applicability of section 110-A of the Customs Act for provisional release, rejecting the reliance on Circular No.35/2017-Customs. Previous similar cases were considered, leading to the Court's decision to grant provisional release in this instance. The order mandated compliance with formalities and reserved further contentions for subsequent proceedings, with no costs awarded. Case-Laws Customs Thu, 10 Dec 2020 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=401580