https://www.taxtmi.com/highlights?id=85589 HC addressed provisional release of seized goods involving classification dispute between HSN entries 82.07 and 73.04 for self-drilling bars. While noting statutory appellate remedies should typically be exhausted before seeking writ jurisdiction, court considered prolonged seizure duration and regular import status. Given goods' detention since May 2024 and six-month petition pendency, HC ordered release under bond with 30% differential duty as bank guarantee, departing from standard 70-80% requirement. Decision balanced procedural requirements with commercial practicality, allowing expedited resolution while maintaining adequate security for customs authority pending final classification determination. en-us Sat, 08 Feb 2025 09:12:10 +0530 Sat, 08 Feb 2025 09:12:11 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=85589 HC addressed provisional release of seized goods involving classification dispute between HSN entries 82.07 and 73.04 for self-drilling bars. While noting statutory appellate remedies should typically be exhausted before seeking writ jurisdiction, court considered prolonged seizure duration and regular import status. Given goods' detention since May 2024 and six-month petition pendency, HC ordered release under bond with 30% differential duty as bank guarantee, departing from standard 70-80% requirement. Decision balanced procedural requirements with commercial practicality, allowing expedited resolution while maintaining adequate security for customs authority pending final classification determination. Highlights Customs Sat, 08 Feb 2025 09:12:10 +0530 https://www.taxtmi.com/highlights?id=85589