TMI Blog2018 (3) TMI 1558X X X X Extracts X X X X X X X X Extracts X X X X ..... its right to contest the Revenue's stand, is seeking provisional release of the goods inasmuch as the demurrage has gone very high - it is not justified to direct the appellant, at this stage, to deposit the entire ₹ 17 lakhs - appeal allowed. - C/EH/85139/2018 & C/85379/2018 - A/85487/2018 - Dated:- 27-2-2018 - Mrs. Archana Wadhwa, Member (Judicial) And Shri Raju, Member (Technical) ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... al adjudicating authority imposed condition of full deposit of the duty as also of execution of Bond of 100% assessable value and Bank Guarantee of 25% of the duty amount. Being aggrieved with the said condition, the appellant filed an appeal before the Commissioner (Appeals), who upheld the same. Hence, the present appeal. 4. It stands strongly contended before us that the goods mentioned in D ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... e as regards the duties, which may be confirmed in future. In any case and in view of the matter, learned Advocate submits that to satisfy condition of the provisional release, the appellant is ready to deposit 25% of the duty amount along with 100% of the Bond equivalent to the assessable value of the goods. 5. Countering the arguments, learned AR Mrs. P. Vinitha Sekhar appearing for the Reven ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... around ₹ 34 lakhs. The duty involved is ₹ 17 lakhs. In such a scenario, it is not justified to direct the appellant, at this stage, to deposit the entire ₹ 17 lakhs. We also appreciate the appellant's stand that they are regular importer and have regular business, thus leading to secure the interest of the revenue, in case the decision of the matter goes against them. 7. ..... X X X X Extracts X X X X X X X X Extracts X X X X
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