https://www.taxtmi.com/caselaws?id=426269 The court quashed the order directing encashment of a Bank Guarantee before the petitioners could appeal, citing breach of circulars and legal precedents. It found the appeal remedy ineffective due to premature coercive action. The court emphasized that coercive measures should not precede appeal resolution, restoring the Bank Guarantee and instructing the Customs Commissioner to circulate the judgment to prevent future breaches. The respondents were directed to restore the Guarantee, maintaining the status quo until appeal disposal, with no costs awarded. en-us Fri, 05 Aug 2022 00:00:00 +0530 Wed, 29 Mar 2023 15:38:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=426269 The court quashed the order directing encashment of a Bank Guarantee before the petitioners could appeal, citing breach of circulars and legal precedents. It found the appeal remedy ineffective due to premature coercive action. The court emphasized that coercive measures should not precede appeal resolution, restoring the Bank Guarantee and instructing the Customs Commissioner to circulate the judgment to prevent future breaches. The respondents were directed to restore the Guarantee, maintaining the status quo until appeal disposal, with no costs awarded. Case-Laws Customs Fri, 05 Aug 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=426269