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Customs - Highlights / Catch Notes

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Provisional release of the seized goods - it was opined that the ...


Revenue's Strict Conditions for Provisional Release of Overvalued Goods Ruled Unjustifiable After 18-Month Delay.

September 18, 2020

Case Laws     Customs     AT

Provisional release of the seized goods - it was opined that the goods were grossly overvalued to claim undue benefits of enhanced IGST refund and Drawback - when the goods have not been released even after the lapse of 18 months, there are no justification for imposing such harsh conditions by the Revenue while permitting provisional release of the goods - AT

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