https://www.taxtmi.com/caselaws?id=407113 Customs verification under the CAROTAR regime was not treated as a mere random exercise where the authorities called for additional documents, examined the declaration and cost break-up, and formed a prima facie view that origin and value-addition particulars required scrutiny. On that basis, initiation of verification on a deficiency-related basis and insistence on security for provisional release under Section 18 of the Customs Act, 1962 were upheld. The importer had been informed of the reason for withholding clearance and of the option of provisional assessment, but did not furnish the required security. Relief to clear the goods without bank guarantee or equivalent security was declined. en-us Mon, 26 Apr 2021 00:00:00 +0530 Mon, 25 Oct 2021 10:58:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=407113 Customs verification under the CAROTAR regime was not treated as a mere random exercise where the authorities called for additional documents, examined the declaration and cost break-up, and formed a prima facie view that origin and value-addition particulars required scrutiny. On that basis, initiation of verification on a deficiency-related basis and insistence on security for provisional release under Section 18 of the Customs Act, 1962 were upheld. The importer had been informed of the reason for withholding clearance and of the option of provisional assessment, but did not furnish the required security. Relief to clear the goods without bank guarantee or equivalent security was declined. Case-Laws Customs Mon, 26 Apr 2021 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=407113