https://www.taxtmi.com/caselaws?id=469243 The Delhi HC declined to reduce the bank guarantee required for provisional release of seized goods, relying on the show-cause notice, the petitioners' reply, and the recorded statement under Section 108 of the Customs Act. The Court noted that the statement, panchnama, and notice indicated prima facie smuggling of goods from Nepal, and the goods were found stored in bags bearing foreign-origin marks. In these circumstances, the Court did not exercise discretion in favour of the petitioners, and the request for reduction of the guarantee was rejected. en-us Mon, 20 Apr 2026 00:00:00 +0530 Thu, 11 Jun 2026 11:23:10 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=469243 The Delhi HC declined to reduce the bank guarantee required for provisional release of seized goods, relying on the show-cause notice, the petitioners' reply, and the recorded statement under Section 108 of the Customs Act. The Court noted that the statement, panchnama, and notice indicated prima facie smuggling of goods from Nepal, and the goods were found stored in bags bearing foreign-origin marks. In these circumstances, the Court did not exercise discretion in favour of the petitioners, and the request for reduction of the guarantee was rejected. Case-Laws Customs Mon, 20 Apr 2026 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=469243