https://www.taxtmi.com/highlights?id=90446 The HC held that under Section 110A of the Customs Act, 1962, the respondents are entitled to provisional release of the imported areca nut consignment upon furnishing a bond and security as mandated by the Adjudicating Authority. The court clarified that the learned Single Judge erred in directing release without security. The issue of classification under Chapter-VIII or Chapter-XX remains pending. Consequently, the respondents may secure release by providing a bank guarantee or equivalent security amounting to 25% of the consignment's value. The interim order was accordingly modified, and the appeal disposed of. en-us Mon, 14 Jul 2025 08:36:32 +0530 Mon, 14 Jul 2025 08:36:37 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=90446 The HC held that under Section 110A of the Customs Act, 1962, the respondents are entitled to provisional release of the imported areca nut consignment upon furnishing a bond and security as mandated by the Adjudicating Authority. The court clarified that the learned Single Judge erred in directing release without security. The issue of classification under Chapter-VIII or Chapter-XX remains pending. Consequently, the respondents may secure release by providing a bank guarantee or equivalent security amounting to 25% of the consignment's value. The interim order was accordingly modified, and the appeal disposed of. Highlights Customs Mon, 14 Jul 2025 08:36:32 +0530 https://www.taxtmi.com/highlights?id=90446