Ask Jurishour AI

Generic selectors
Exact matches only
Search in title
Search in content
Post Type Selectors
tdb_templates
saswp_reviews
saswp-collections
saswp_rvs_location
tdc-review-email
web-story-font
web-story
googlesitekit_email
tds_locker
tds_email
saswp
mailpoet_page
mailpoet_email
tdcpt_tunes
tdc-review
pronamic_payment
pronamic_gateway
pronamic_pay_subscr
wpcode
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% 

Indirect Taxes

Published on

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

🚀 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

Supreme Court

Rs. 5K Recovery Alone Can’t Prove Bribery Without Proof Of Demand And Acceptance: Supreme Court

The Supreme Court has set aside the corruption conviction of a government employee accused...
Direct Tax

Commercial Property Can’t Bar ₹2.63 Crore Capital Gains Exemption: ITAT

The Income Tax Appellate Tribunal (ITAT), Chandigarh, has held that a commercial property cannot...
GST

Missing Return E-Way Bill: ₹20.13 Lakh GST Penalty Cut To ₹25,000 For Duty-Paid Imports: GSTAT

The Goods and Services Tax Appellate Tribunal (GSTAT), Bengaluru, has set aside a penalty...
Indirect Taxes

Failure To Claim Exemption In Returns Cannot Defeat Service Tax Refund: CESTAT

The Customs, Excise and Service Tax Appellate Tribunal (CESTAT), Allahabad, has directed the department...

More like this

Supreme Court

Rs. 5K Recovery Alone Can’t Prove Bribery Without Proof Of Demand And Acceptance: Supreme Court

The Supreme Court has set aside the corruption conviction of a government employee accused...
Direct Tax

Commercial Property Can’t Bar ₹2.63 Crore Capital Gains Exemption: ITAT

The Income Tax Appellate Tribunal (ITAT), Chandigarh, has held that a commercial property cannot...
GST

Missing Return E-Way Bill: ₹20.13 Lakh GST Penalty Cut To ₹25,000 For Duty-Paid Imports: GSTAT

The Goods and Services Tax Appellate Tribunal (GSTAT), Bengaluru, has set aside a penalty...