https://www.taxtmi.com/caselaws?id=790099 An unencashed bank guarantee furnished for provisional release cannot satisfy the mandatory pre-deposit required for admission of an appeal under Section 129E of the Customs Act, 1962. The statutory deposit must be made before the appeal is entertained, and a guarantee that has not been invoked or encashed does not amount to compliance. Reliance on a circular concerning amounts paid during investigation was held inapplicable because the present matter involved only a bank guarantee, while the cited authorities were distinguished on the basis that the guarantees there had already been encashed. The Registry's objection was upheld, and the appeal could not proceed without the prescribed pre-deposit. en-us Fri, 17 Apr 2026 00:00:00 +0530 Mon, 20 Apr 2026 08:30:21 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=790099 An unencashed bank guarantee furnished for provisional release cannot satisfy the mandatory pre-deposit required for admission of an appeal under Section 129E of the Customs Act, 1962. The statutory deposit must be made before the appeal is entertained, and a guarantee that has not been invoked or encashed does not amount to compliance. Reliance on a circular concerning amounts paid during investigation was held inapplicable because the present matter involved only a bank guarantee, while the cited authorities were distinguished on the basis that the guarantees there had already been encashed. The Registry's objection was upheld, and the appeal could not proceed without the prescribed pre-deposit. Case-Laws Customs Fri, 17 Apr 2026 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=790099