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Customs - Highlights / Catch Notes

Home Highlights December 2021 Year 2021 This

Rejection of application for provisional release of the seized ...


Court Orders Provisional Release of Seized Export Goods; Requires Bond Equal to Goods' Value, No Duty or Penalty Needed.

December 6, 2021

Case Laws     Customs     AT

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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