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2013 (10) TMI 730 - CESTAT NEW DELHIStay application - Classification of woven polyester ladies stole - Section 129E - Held that:- provisions of Section 129E do not apply, as far as duty deposit is concerned. As regards penalty, we find that the goods worth Rs.68,20,000/- approximately are lying with the Revenue, which are sufficient to cover the penalties imposed upon the appellants. Learned advocate also undertakes not to redeem the goods during pendency of the appeals and prays for fixing the appeal itself for final disposal as a live consignment is involved. Inasmuch as the goods are with the Revenue, we dispense with the condition of pre-deposit of duty and penalties and allow all the stay petitions unconditionally - Stay granted.
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