https://www.taxtmi.com/caselaws?id=779541 HC refused to quash the intimation but modified the provisional-release conditions for imported knitted fabrics. The importer must remit the entire duty as declared and pay 50% of the departmental differential duty based on the re-determined value of Rs. 3,15,01,438/-. The importer must execute a bond for Rs. 3,15,01,438/- and an additional bond of Rs. 2,80,00,000/- in lieu of a bank guarantee. On compliance with these conditions, respondents shall release the goods within seven days. Petition disposed. en-us Tue, 23 Sep 2025 00:00:00 +0530 Wed, 08 Oct 2025 08:45:17 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=779541 HC refused to quash the intimation but modified the provisional-release conditions for imported knitted fabrics. The importer must remit the entire duty as declared and pay 50% of the departmental differential duty based on the re-determined value of Rs. 3,15,01,438/-. The importer must execute a bond for Rs. 3,15,01,438/- and an additional bond of Rs. 2,80,00,000/- in lieu of a bank guarantee. On compliance with these conditions, respondents shall release the goods within seven days. Petition disposed. Case-Laws Customs Tue, 23 Sep 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=779541