https://www.taxtmi.com/caselaws?id=427502 The Court allowed the appeal against the Customs Tribunal's decision to provisionally release seized iPhones, valued at Rs. 42 Crores, under Section 110A of the Customs Act, 1962. The Court held that ownership must be proven for release, contrary to the Tribunal's reliance on the importer definition. As the Respondent failed to establish ownership, the goods could only be released to the owner. The judgment favored the Appellant, emphasizing the importance of demonstrating ownership for provisional release under Section 110A. en-us Thu, 08 Sep 2022 00:00:00 +0530 Wed, 15 Feb 2023 15:54:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=427502 The Court allowed the appeal against the Customs Tribunal's decision to provisionally release seized iPhones, valued at Rs. 42 Crores, under Section 110A of the Customs Act, 1962. The Court held that ownership must be proven for release, contrary to the Tribunal's reliance on the importer definition. As the Respondent failed to establish ownership, the goods could only be released to the owner. The judgment favored the Appellant, emphasizing the importance of demonstrating ownership for provisional release under Section 110A. Case-Laws Customs Thu, 08 Sep 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=427502