https://www.taxtmi.com/caselaws?id=31568 The Tribunal allowed the appeal in favor of the appellant, setting aside the stringent provisional release conditions imposed by the Commissioner of Customs. The Tribunal modified the conditions, requiring the appellant to execute a bond for the full market value of the goods and offer a security deposit of 25% of the duty liability. The goods were directed to be released provisionally within three days upon meeting the revised conditions, as the Tribunal found the initial conditions to be excessive and not in line with the statutory provisions of the Customs Act, 1962. en-us Thu, 21 Feb 2008 00:00:00 +0530 Sat, 22 Nov 2008 00:00:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=31568 The Tribunal allowed the appeal in favor of the appellant, setting aside the stringent provisional release conditions imposed by the Commissioner of Customs. The Tribunal modified the conditions, requiring the appellant to execute a bond for the full market value of the goods and offer a security deposit of 25% of the duty liability. The goods were directed to be released provisionally within three days upon meeting the revised conditions, as the Tribunal found the initial conditions to be excessive and not in line with the statutory provisions of the Customs Act, 1962. Case-Laws Customs Thu, 21 Feb 2008 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=31568