https://www.taxtmi.com/caselaws?id=789734 Interim release of imported areca nuts was considered against the need to secure revenue while classification remained pending before the competent adjudicating authority. The Court referred to the tariff-value framework under the Customs Act and the notified tariff value for areca nuts, and found the material on record insufficient to fully secure the Revenue's interest through the importer's financial standing alone. It also noted delay in issuing the show cause notice and required prompt adjudication. The order was modified to direct issue of notice within two weeks, reply within three weeks, and adjudication within three weeks thereafter; release was made subject to adjudication, or alternatively to deposit of 50% of the determined amount and a bank guarantee for 25% of that amount. en-us Thu, 09 Apr 2026 00:00:00 +0530 Tue, 14 Apr 2026 08:03:26 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=789734 Interim release of imported areca nuts was considered against the need to secure revenue while classification remained pending before the competent adjudicating authority. The Court referred to the tariff-value framework under the Customs Act and the notified tariff value for areca nuts, and found the material on record insufficient to fully secure the Revenue's interest through the importer's financial standing alone. It also noted delay in issuing the show cause notice and required prompt adjudication. The order was modified to direct issue of notice within two weeks, reply within three weeks, and adjudication within three weeks thereafter; release was made subject to adjudication, or alternatively to deposit of 50% of the determined amount and a bank guarantee for 25% of that amount. Case-Laws Customs Thu, 09 Apr 2026 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=789734