https://www.taxtmi.com/highlights?id=75203 Provisional Release of seized of vehicle - Vehicle sold by the diplomat in breach of conditions of import - bona fide purchaser - liability of paying the entire differential duty and executing a bank guarantee - The High court deliberates on the responsibility and liability of the petitioner in light of the breach of import conditions by the diplomat. While acknowledging the breach, the court considers the petitioner's status as a bona fide purchaser who acquired the vehicle from subsequent owners in India, thereby mitigating the extent of liability imposed on them. - Consequently, the HC modified the conditions for provisional release. en-us Tue, 27 Feb 2024 08:43:56 +0530 Tue, 27 Feb 2024 08:43:56 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=75203 Provisional Release of seized of vehicle - Vehicle sold by the diplomat in breach of conditions of import - bona fide purchaser - liability of paying the entire differential duty and executing a bank guarantee - The High court deliberates on the responsibility and liability of the petitioner in light of the breach of import conditions by the diplomat. While acknowledging the breach, the court considers the petitioner's status as a bona fide purchaser who acquired the vehicle from subsequent owners in India, thereby mitigating the extent of liability imposed on them. - Consequently, the HC modified the conditions for provisional release. Highlights Customs Tue, 27 Feb 2024 08:43:56 +0530 https://www.taxtmi.com/highlights?id=75203