https://www.taxtmi.com/caselaws?id=769902 The Calcutta HC allowed a 100% EOU's petition for immediate export of detained goods. The court held that export goods detained for testing should be released expeditiously unless found to be prohibited items under Customs Act 1962. The HC found the Rs. 3 crore bank guarantee requirement excessive compared to goods value and directed authorities to reconsider the security amount within seven days per applicable circulars. The court stayed detention charges during investigation, ordered test results to be shared with petitioner within seven days, and granted provisional export subject to reasonable security and cooperation with enquiry. en-us Wed, 30 Apr 2025 00:00:00 +0530 Sat, 03 May 2025 08:34:47 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=769902 The Calcutta HC allowed a 100% EOU's petition for immediate export of detained goods. The court held that export goods detained for testing should be released expeditiously unless found to be prohibited items under Customs Act 1962. The HC found the Rs. 3 crore bank guarantee requirement excessive compared to goods value and directed authorities to reconsider the security amount within seven days per applicable circulars. The court stayed detention charges during investigation, ordered test results to be shared with petitioner within seven days, and granted provisional export subject to reasonable security and cooperation with enquiry. Case-Laws Customs Wed, 30 Apr 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=769902