https://www.taxtmi.com/caselaws?id=767760 The Tribunal ruled that the amended provisions of Section 110(2) of the Customs Act, 1962, introduced by the Finance Act, 2018, do not apply retrospectively to the provisional release of goods seized in 2016. It upheld the Commissioner (Appeals)'s decision, determining that the respondent was entitled to the unconditional release of goods and the return of the Bank Guarantee. This decision was based on the Revenue's failure to issue a Show Cause Notice within the extended period as required under the pre-amendment provisions of Section 110(2). en-us Thu, 06 Mar 2025 00:00:00 +0530 Mon, 24 Mar 2025 13:24:29 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=767760 The Tribunal ruled that the amended provisions of Section 110(2) of the Customs Act, 1962, introduced by the Finance Act, 2018, do not apply retrospectively to the provisional release of goods seized in 2016. It upheld the Commissioner (Appeals)'s decision, determining that the respondent was entitled to the unconditional release of goods and the return of the Bank Guarantee. This decision was based on the Revenue's failure to issue a Show Cause Notice within the extended period as required under the pre-amendment provisions of Section 110(2). Case-Laws Customs Thu, 06 Mar 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=767760