Home Case Index All Cases Customs Customs + AT Customs - 2013 (11) TMI AT This
Forgot password New User/ Regiser ⇒ Register to get Live Demo
2013 (11) TMI 33 - AT - CustomsStay application - Duty demand - Held that:- It appears from the records that the appellant has furnished bank guarantees for the total amount of Rs.14.22 crores and also a fixed deposit of Rs.1.01 crore to secure the Revenue. Further, from submissions of both sides, it appears that there is ad interim stay granted by this bench vide miscellaneous order dated 10.12.2010 which indicates that there was a direction to keep the bank guarantee alive till the final disposal of the stay application and there was a further stipulation that no coercive action be taken till the disposal of the stay application. - the stay of recovery can continue till the final disposal of the appeal which, in any case, is going to take place in the near future - Stay granted.
|