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Court Orders Provisional Release of Seized Export Goods; Requires Bond Equal to Goods' Value, No Duty or Penalty Needed.
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....Rejection of application for provisional release of the seized warehoused goods - The warehoused goods which are meant for export only must be released provisionally by accepting only a bond of the total value of the goods, accordingly, we direct the concerned respondent to release the goods provisionally on execution of only a bond for full value of the goods and the same shall be allowed to be exported without any payment of duty, fine, penalty. - AT....
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