https://www.taxtmi.com/caselaws?id=774350 The City Civil and Sessions Court, Mumbai granted bail to an applicant charged with hawala transactions and customs duty evasion exceeding 42 crores through undervalued walnut imports. Despite acknowledging serious economic offence allegations, the court noted the applicant had been in custody for 17 days, allowing sufficient interrogation time. The DRI had seized relevant goods and documents, with bank accounts provisionally attached. The court determined physical custody was unnecessary for ongoing investigation, as undervaluation determination would be time-consuming and no criminal antecedents existed. Bail was granted with stringent conditions to address evidence tampering and flight risk concerns. en-us Sat, 05 Jul 2025 00:00:00 +0530 Tue, 08 Jul 2025 08:36:15 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=774350 The City Civil and Sessions Court, Mumbai granted bail to an applicant charged with hawala transactions and customs duty evasion exceeding 42 crores through undervalued walnut imports. Despite acknowledging serious economic offence allegations, the court noted the applicant had been in custody for 17 days, allowing sufficient interrogation time. The DRI had seized relevant goods and documents, with bank accounts provisionally attached. The court determined physical custody was unnecessary for ongoing investigation, as undervaluation determination would be time-consuming and no criminal antecedents existed. Bail was granted with stringent conditions to address evidence tampering and flight risk concerns. Case-Laws Customs Sat, 05 Jul 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=774350