https://www.taxtmi.com/caselaws?id=449534 Imported edible commodities were directed to be provisionally released on reduced security where earlier consignments of the same nature had been released on bank guarantees of 16% to 28%, and no material justified a stricter condition for the later consignments. The Court found that insisting on a full-value bank guarantee for perishable goods, without a demonstrated factual distinction or departure from prior departmental practice, was harsh and unreasonable. Provisional release was therefore ordered on substantially reduced bank guarantees, together with the required bond, and the petitioner was allowed to seek return of the earlier guarantee by representation. en-us Tue, 06 Feb 2024 00:00:00 +0530 Mon, 02 Sep 2024 13:23:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=449534 Imported edible commodities were directed to be provisionally released on reduced security where earlier consignments of the same nature had been released on bank guarantees of 16% to 28%, and no material justified a stricter condition for the later consignments. The Court found that insisting on a full-value bank guarantee for perishable goods, without a demonstrated factual distinction or departure from prior departmental practice, was harsh and unreasonable. Provisional release was therefore ordered on substantially reduced bank guarantees, together with the required bond, and the petitioner was allowed to seek return of the earlier guarantee by representation. Case-Laws Customs Tue, 06 Feb 2024 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=449534