https://www.taxtmi.com/caselaws?id=789377 Provisional release conditions requiring an exporter to abandon challenges to the nature, quality and description of goods were held unsustainable where the goods had already been examined and the real dispute concerned quality and value. Rejection of the declared FOB transaction value and redetermination under the export valuation rules was also unsupported, because the department relied on statements without section 138B compliance and on a market enquiry that did not fit the goods or the prescribed valuation sequence. Confiscation, redemption fine and penalties could not survive once the shipping bill declarations matched the goods and no valid basis existed for treating the declared value as false. en-us Thu, 02 Apr 2026 00:00:00 +0530 Wed, 08 Apr 2026 08:56:54 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=789377 Provisional release conditions requiring an exporter to abandon challenges to the nature, quality and description of goods were held unsustainable where the goods had already been examined and the real dispute concerned quality and value. Rejection of the declared FOB transaction value and redetermination under the export valuation rules was also unsupported, because the department relied on statements without section 138B compliance and on a market enquiry that did not fit the goods or the prescribed valuation sequence. Confiscation, redemption fine and penalties could not survive once the shipping bill declarations matched the goods and no valid basis existed for treating the declared value as false. Case-Laws Customs Thu, 02 Apr 2026 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=789377