https://www.taxtmi.com/caselaws?id=757650 The Tribunal modified the order of the Commissioner Customs, Kandla, regarding the provisional release of seized dried Areca Nuts. While acknowledging the suspicion of diversion from SEZ, the Tribunal found that the appellant procured the goods from domestic suppliers with proper documentation and tax compliance. It deemed the bank guarantee amount excessive and reduced it, allowing provisional release on a reduced bond amount. The appeal was disposed of with the modification of the impugned order, pending a detailed investigation to confirm the goods' origin. en-us Tue, 27 Aug 2024 00:00:00 +0530 Fri, 30 Aug 2024 08:38:14 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=757650 The Tribunal modified the order of the Commissioner Customs, Kandla, regarding the provisional release of seized dried Areca Nuts. While acknowledging the suspicion of diversion from SEZ, the Tribunal found that the appellant procured the goods from domestic suppliers with proper documentation and tax compliance. It deemed the bank guarantee amount excessive and reduced it, allowing provisional release on a reduced bond amount. The appeal was disposed of with the modification of the impugned order, pending a detailed investigation to confirm the goods' origin. Case-Laws Customs Tue, 27 Aug 2024 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=757650