https://www.taxtmi.com/caselaws?id=441577 Anticipatory bail was declined in a customs prosecution concerning alleged misdeclaration and overvaluation of imported rough diamonds. The court treated the material as disclosing a prima facie case of incorrect value declaration and considered the offence an economic offence affecting the national economy. Relying on customs statements, valuation dispute material, and indications of the applicant's role in arranging the import, the court held that the investigation was still in progress and that custodial interrogation was necessary. Pre-arrest bail was therefore refused at that stage. en-us Wed, 28 Jun 2023 00:00:00 +0530 Fri, 11 Aug 2023 08:16:38 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=441577 Anticipatory bail was declined in a customs prosecution concerning alleged misdeclaration and overvaluation of imported rough diamonds. The court treated the material as disclosing a prima facie case of incorrect value declaration and considered the offence an economic offence affecting the national economy. Relying on customs statements, valuation dispute material, and indications of the applicant's role in arranging the import, the court held that the investigation was still in progress and that custodial interrogation was necessary. Pre-arrest bail was therefore refused at that stage. Case-Laws Customs Wed, 28 Jun 2023 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=441577