https://www.taxtmi.com/caselaws?id=785207 Challenge to conditions for provisional release of imported goods focused on requirement to furnish bank guarantee equal to 100% of estimated differential duty plus anticipated redemption fine and penalties. Court found those conditions inconsistent with prior provisional assessments permitting clearance on a bond for goods value and 50% bank guarantee; therefore the 100% guarantee requirement was modified to 50% of estimated differential duty while other conditions remain. Petitioner directed to furnish provisional duty bond and 50% bank guarantee within one week, whereupon Customs must provisionally release the seized goods within a further week; compliance to be reported later. en-us Fri, 16 Jan 2026 00:00:00 +0530 Tue, 20 Jan 2026 06:31:13 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=785207 Challenge to conditions for provisional release of imported goods focused on requirement to furnish bank guarantee equal to 100% of estimated differential duty plus anticipated redemption fine and penalties. Court found those conditions inconsistent with prior provisional assessments permitting clearance on a bond for goods value and 50% bank guarantee; therefore the 100% guarantee requirement was modified to 50% of estimated differential duty while other conditions remain. Petitioner directed to furnish provisional duty bond and 50% bank guarantee within one week, whereupon Customs must provisionally release the seized goods within a further week; compliance to be reported later. Case-Laws Customs Fri, 16 Jan 2026 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=785207