The Customs, Excise and Service Tax Appellate Tribunal (CESTAT), Chandigarh Bench, has held that imposing a bank guarantee as a condition for provisional release of imported goods is arbitrary and unreasonable when not supported by proper legal and factual basis. The bench of S. S. Garg (Judicial Member) and P. Anjani Kumar (Technical Member) was…
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HomeIndirect TaxesCESTAT Quashes Bank Guarantee Condition for Provisional Release of Areca Nuts, Calls...
CESTAT Quashes Bank Guarantee Condition for Provisional Release of Areca Nuts, Calls It Arbitrary and Unreasonable
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.
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