https://www.taxtmi.com/caselaws?id=767726 Delhi HC allowed petition seeking quash of order and provisional release of goods in undervaluation case. Court applied circular dated 2nd November 2013 as disputed amount was below Rs. 50 lakhs threshold. HC dismissed Department's appeal before CESTAT citing monetary limits, noting appeal amount of Rs. 29,66,805 plus Rs. 20 lakhs fell below prescribed limit. Bank guarantee held for over 14 years ordered released within 8 weeks. Court acknowledged Department filed appeal before November 2023 instruction but found remanding would serve no purpose given monetary threshold requirements. en-us Wed, 19 Mar 2025 00:00:00 +0530 Mon, 24 Mar 2025 08:45:11 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=767726 Delhi HC allowed petition seeking quash of order and provisional release of goods in undervaluation case. Court applied circular dated 2nd November 2013 as disputed amount was below Rs. 50 lakhs threshold. HC dismissed Department's appeal before CESTAT citing monetary limits, noting appeal amount of Rs. 29,66,805 plus Rs. 20 lakhs fell below prescribed limit. Bank guarantee held for over 14 years ordered released within 8 weeks. Court acknowledged Department filed appeal before November 2023 instruction but found remanding would serve no purpose given monetary threshold requirements. Case-Laws Customs Wed, 19 Mar 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=767726