HomeIndirect TaxesCustoms Dept. Insist On Excessive Bank Guarantee For Provisional Release Of Seized...

Customs Dept. Insist On Excessive Bank Guarantee For Provisional Release Of Seized Imported Good: CESTAT Reduces From 70% To 30% 

Published on

🚀 Stay Connected With JurisHour

WhatsApp X Telegram

The Customs, Excise and Service Tax Appellate Tribunal (CESTAT), Ahmedabad, has modified the conditions imposed by Customs authorities for the provisional release of seized imported goods, holding that insistence on an excessive bank guarantee was disproportionate and contrary to settled law.  The bench of Dr. Ajaya Krishna Vishvesha (Judicial  Member) ruled that, while a bond…

Membership Required

You must be a member to access this content.

View Membership Levels

Already a member? Log in here
Mariya Paliwala
Mariya Paliwalahttps://www.jurishour.in/
Mariya is the Senior Editor at Juris Hour. She has 7+ years of experience on covering tax litigation stories from the Supreme Court, High Courts and various tribunals including CESTAT, ITAT, NCLAT, NCLT, etc. Mariya graduated from MLSU Law College, Udaipur (Raj.) with B.A.LL.B. and also holds an LL.M. She started her career as a freelance tax reporter in the leading online legal news companies.

Latest articles

Excise Dept. Must Act Within Normal Limitation When Relevant Valuation Facts Are Already on Record: Supreme Court

The Supreme Court has held that the Central Excise and Service Tax Department cannot...

Works Contract Services for Mandi Samiti Linked to Agricultural Marketing Exempt from Service Tax: CESTAT

The Allahabad Bench of Customs, Excise & Service Tax Appellate Tribunal (CESTAT) has set...

Supreme Court  Imposes Rs. 10 Lakh Costs On Reliance Industries

The Supreme Court upheld the Bombay High Court’s approach and imposed costs of ₹10...

MSMED Amendment Act, 2026: TReDS-Based Invoice Settlement, 90-Day Dispute Resolution and Stricter Penalties Introduced for MSMEs

The Micro, Small and Medium Enterprises Development (Amendment) Act, 2026 has received the assent...

More like this

Excise Dept. Must Act Within Normal Limitation When Relevant Valuation Facts Are Already on Record: Supreme Court

The Supreme Court has held that the Central Excise and Service Tax Department cannot...

Works Contract Services for Mandi Samiti Linked to Agricultural Marketing Exempt from Service Tax: CESTAT

The Allahabad Bench of Customs, Excise & Service Tax Appellate Tribunal (CESTAT) has set...

Supreme Court  Imposes Rs. 10 Lakh Costs On Reliance Industries

The Supreme Court upheld the Bombay High Court’s approach and imposed costs of ₹10...