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    <title>2022 (9) TMI 1404 - KARNATAKA HIGH COURT</title>
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    <description>The court modified the impugned condition in the provisional release order, directing the petitioner to pay 50% of the duty amount and provide a Bank Guarantee for the remaining 50%, subject to renewal until final adjudication. The court found the 4th Respondent&#039;s demand for a Bank Guarantee lacking justification due to disparities in amounts. Despite the availability of an alternative remedy, the court allowed the petition, focusing solely on the validity of the Bank Guarantee condition and ordering the prompt release of the subject car upon compliance.</description>
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    <pubDate>Thu, 29 Sep 2022 00:00:00 +0530</pubDate>
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      <link>https://www.taxtmi.com/caselaws?id=305872</link>
      <description>The court modified the impugned condition in the provisional release order, directing the petitioner to pay 50% of the duty amount and provide a Bank Guarantee for the remaining 50%, subject to renewal until final adjudication. The court found the 4th Respondent&#039;s demand for a Bank Guarantee lacking justification due to disparities in amounts. Despite the availability of an alternative remedy, the court allowed the petition, focusing solely on the validity of the Bank Guarantee condition and ordering the prompt release of the subject car upon compliance.</description>
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      <pubDate>Thu, 29 Sep 2022 00:00:00 +0530</pubDate>
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