https://www.taxtmi.com/caselaws?id=449629 The court ordered the provisional release of 540 bags of areca nuts under customs duty exemption, subject to the petitioner providing an indemnity bond for 100% of the duty payable and a bank guarantee for 10% of the customs duty from a nationalized bank. The certificate of origin was verified by Sri Lankan authorities, and the court found no basis for the respondents' demand for additional information. The writ petition was disposed of with these conditions, and the connected miscellaneous petition was closed without costs. en-us Mon, 12 Feb 2024 00:00:00 +0530 Fri, 16 Feb 2024 07:29:36 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=449629 The court ordered the provisional release of 540 bags of areca nuts under customs duty exemption, subject to the petitioner providing an indemnity bond for 100% of the duty payable and a bank guarantee for 10% of the customs duty from a nationalized bank. The certificate of origin was verified by Sri Lankan authorities, and the court found no basis for the respondents' demand for additional information. The writ petition was disposed of with these conditions, and the connected miscellaneous petition was closed without costs. Case-Laws Customs Mon, 12 Feb 2024 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=449629