https://www.taxtmi.com/highlights?id=92696 The HC allowed the writ petition in part and modified the impugned provisional release order concerning imported viscose knitted fabric. While leaving the ongoing adjudication undisturbed, the HC held that onerous conditions imposed as a condition precedent to provisional release were excessive and interfered only to the extent of striking down the requirement that the petitioner furnish a Bank Guarantee of Rs. 22,00,000. The court retained other reasonable conditions previously imposed to protect revenue interest. The petitioner's goods were thereby permitted to be released subject to the reduced conditions; the petition was disposed of. en-us Sat, 20 Sep 2025 08:38:47 +0530 Sat, 20 Sep 2025 08:38:49 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=92696 The HC allowed the writ petition in part and modified the impugned provisional release order concerning imported viscose knitted fabric. While leaving the ongoing adjudication undisturbed, the HC held that onerous conditions imposed as a condition precedent to provisional release were excessive and interfered only to the extent of striking down the requirement that the petitioner furnish a Bank Guarantee of Rs. 22,00,000. The court retained other reasonable conditions previously imposed to protect revenue interest. The petitioner's goods were thereby permitted to be released subject to the reduced conditions; the petition was disposed of. Highlights Customs Sat, 20 Sep 2025 08:38:47 +0530 https://www.taxtmi.com/highlights?id=92696