https://www.taxtmi.com/caselaws?id=753146 The Tribunal allowed the appeal, modifying the conditions for the provisional release of seized goods under the Customs Act, 1962. The initial conditions set by the Commissioner of Customs (Appeals) were altered due to the non-issuance of a show cause notice within the required timeframe. The Tribunal determined that an amendment exempted the case from the six-month limit for issuing such notices. Consequently, the respondent was required to provide a bond for the estimated value of the goods and a reduced bank guarantee. The respondent was instructed to meet these conditions within 10 days for the release of the goods. en-us Wed, 22 May 2024 00:00:00 +0530 Sat, 04 Jan 2025 11:47:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=753146 The Tribunal allowed the appeal, modifying the conditions for the provisional release of seized goods under the Customs Act, 1962. The initial conditions set by the Commissioner of Customs (Appeals) were altered due to the non-issuance of a show cause notice within the required timeframe. The Tribunal determined that an amendment exempted the case from the six-month limit for issuing such notices. Consequently, the respondent was required to provide a bond for the estimated value of the goods and a reduced bank guarantee. The respondent was instructed to meet these conditions within 10 days for the release of the goods. Case-Laws Customs Wed, 22 May 2024 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=753146