https://www.taxtmi.com/caselaws?id=435066 The Tribunal upheld the appellant's classification of imported goods under CTH 70072190, noting the absence of misdeclaration in the seizure memo and considering the appellant's consistent classification history. It found no evidence linking misclassification to duty evasion, questioning the Revenue's allegations of suppression and undervaluation. The Tribunal modified the stringent provisional release conditions imposed by the Customs Department, reducing the bond value, bank guarantee amount, and requiring the deposit of the differential duty. The appeal against the provisional release order was disposed of with the modified conditions, emphasizing a balance between revenue protection and fairness to the appellant. en-us Fri, 24 Feb 2023 00:00:00 +0530 Fri, 10 Mar 2023 22:03:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=435066 The Tribunal upheld the appellant's classification of imported goods under CTH 70072190, noting the absence of misdeclaration in the seizure memo and considering the appellant's consistent classification history. It found no evidence linking misclassification to duty evasion, questioning the Revenue's allegations of suppression and undervaluation. The Tribunal modified the stringent provisional release conditions imposed by the Customs Department, reducing the bond value, bank guarantee amount, and requiring the deposit of the differential duty. The appeal against the provisional release order was disposed of with the modified conditions, emphasizing a balance between revenue protection and fairness to the appellant. Case-Laws Customs Fri, 24 Feb 2023 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=435066