https://www.taxtmi.com/caselaws?id=791573 Conditions for provisional release of seized imported commercial goods should be reasonable and commensurate with the revenue risk. Where the goods are not prohibited or subject to import restrictions, are intended for further manufacture, and the importer has already furnished adequate security, including cash deposit and bank guarantee, insisting on additional onerous terms exceeds what is necessary to protect the exchequer. In the described matter, the release conditions were modified and the goods were directed to be released against a bond for full value, while existing security continued to safeguard revenue interests pending further investigation. en-us Tue, 27 Jan 2026 00:00:00 +0530 Wed, 13 May 2026 08:40:09 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=791573 Conditions for provisional release of seized imported commercial goods should be reasonable and commensurate with the revenue risk. Where the goods are not prohibited or subject to import restrictions, are intended for further manufacture, and the importer has already furnished adequate security, including cash deposit and bank guarantee, insisting on additional onerous terms exceeds what is necessary to protect the exchequer. In the described matter, the release conditions were modified and the goods were directed to be released against a bond for full value, while existing security continued to safeguard revenue interests pending further investigation. Case-Laws Customs Tue, 27 Jan 2026 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=791573