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2018 (11) TMI 77 - AT - Central ExciseProvisional release of trucks - Clandestine manufacture and removal of pan masala and guthka - rejection of release of trucks on the ground that the ownership of the seized trucks are not transferred in the name of the appellant. Held that:- Having furnished all the documents which clearly show that though he becomes owner of the vehicles from the day he has made the payment and taken the possession of the vehicles, there is no reason for the respondent not to release the said vehicles on provisional basis till the investigation is completed. The seized trucks bearing Registration No.AP07TC1323, AP07TB9819 and AP07TW7603, seized during the investigation, are directed to be released to the appellant on appellant furnishing the security bond of ₹ 10 lakhs (Rupees ten lakhs only) each for each of the trucks - appeal disposed off.
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