https://www.taxtmi.com/caselaws?id=411391 The Court directed the petitioner to furnish a bond of Rs. 15 crores for the provisional release of goods for re-export, emphasizing the balance between the petitioner's rights and revenue interests. The goods were allowed to be provisionally released with a clear disclaimer that the nomenclature used for re-export would not bind the Customs Department. The judgment clarified that its observations were solely for provisional release purposes and granted the petitioner liberty to address any further concerns through appropriate legal procedures. Any related pending applications were disposed of following the resolution of the petition. en-us Fri, 13 Aug 2021 00:00:00 +0530 Tue, 24 Aug 2021 08:15:37 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=411391 The Court directed the petitioner to furnish a bond of Rs. 15 crores for the provisional release of goods for re-export, emphasizing the balance between the petitioner's rights and revenue interests. The goods were allowed to be provisionally released with a clear disclaimer that the nomenclature used for re-export would not bind the Customs Department. The judgment clarified that its observations were solely for provisional release purposes and granted the petitioner liberty to address any further concerns through appropriate legal procedures. Any related pending applications were disposed of following the resolution of the petition. Case-Laws Customs Fri, 13 Aug 2021 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=411391