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    <title>2025 (11) TMI 713 - MADRAS HIGH COURT</title>
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    <description>The HC allowed the challenge to the provisional release order in part, holding that the direction requiring a Bank Guarantee of Rs. 9,00,000 was onerous and need not be insisted upon. The court modified the provisional release conditions so the goods (PVC-coated fabric) may be released subject to alternate protective conditions sufficient to safeguard the Department&#039;s interest pending adjudication on alleged misclassification and undervaluation. Petition disposed.</description>
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      <link>https://www.taxtmi.com/caselaws?id=781245</link>
      <description>The HC allowed the challenge to the provisional release order in part, holding that the direction requiring a Bank Guarantee of Rs. 9,00,000 was onerous and need not be insisted upon. The court modified the provisional release conditions so the goods (PVC-coated fabric) may be released subject to alternate protective conditions sufficient to safeguard the Department&#039;s interest pending adjudication on alleged misclassification and undervaluation. Petition disposed.</description>
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