https://www.taxtmi.com/caselaws?id=42731 Rule 206(3) allows provisional release of seized goods on a bond in proper form with such security as the Collector may reasonably require, but the discretion is not automatic or unlimited. Where the applicant was only a job worker, the goods were said to be semi-finished, and there was willingness to pay duty and execute a bond, insisting on 25% cash security was considered harsh and inequitable. The cash-security condition was therefore quashed, and the bond was directed to be modified by deleting the clause requiring later production of the goods. en-us Tue, 12 Dec 1989 00:00:00 +0530 Mon, 14 Jun 2010 10:01:44 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=42731 Rule 206(3) allows provisional release of seized goods on a bond in proper form with such security as the Collector may reasonably require, but the discretion is not automatic or unlimited. Where the applicant was only a job worker, the goods were said to be semi-finished, and there was willingness to pay duty and execute a bond, insisting on 25% cash security was considered harsh and inequitable. The cash-security condition was therefore quashed, and the bond was directed to be modified by deleting the clause requiring later production of the goods. Case-Laws Customs Tue, 12 Dec 1989 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=42731