TMI Blog2015 (8) TMI 1486X X X X Extracts X X X X X X X X Extracts X X X X ..... 2011 - HELD THAT:- Provisional release in terms of Section 110 A of the Customs Act, 1962 read with Customs (Provisional Duty Assessment) Regulations 2011 could have been made, followed by further proceedings. Hence, the detained consignment shall be released on payment of ₹ 2,59,688/- being 50% of the differential duty and for the remaining 50% of the differential duty, a bond be executed ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... agents of the petitioner entity was informed by the officers attached to the fourth respondent that the value declared by them in respect of the subject goods was not acceptable to them for the purposes of assessment and that the value will be enhanced. The petitioners had informed that they were willing to pay the duty as demanded from them under protest vide communication dated 10.07.2015 follow ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... oner and the learned senior standing counsel for the respondents. The necessary documents have also been perused. 4. Provisional release in terms of Section 110 A of the Customs Act, 1962 read with Customs (Provisional Duty Assessment) Regulations 2011 could have been made, followed by further proceedings. Hence, the detained consignment shall be released on payment of ₹ 2,59,688/- ..... X X X X Extracts X X X X X X X X Extracts X X X X
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