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2015 (9) TMI 760 - CESTAT NEW DELHIDuty demand - Undervaluation of goods - Held that:- prima facie case in favour of the appellant- assessee for the substantive hearing of the several appeals and consider it appropriate to direct stay of further proceedings pursuant to the Orders-in-Original, on condition that M/s Euro Asia Global remits 25% of the cumulative demand of duty specified in the two Orders-in-Original, to the credit of Revenue within eight weeks. In default of deposit by the appellant within the time stipulated, the stay granted herein shall stand dissolved forthwith on the default without further reference to this Tribunal and the Revenue would be entitled to take appropriate steps in law for recovery of the entirety of the levy of customs duty, penalty or interest as assessed by the Order-in-Original impugned in the substantive appeals - Appeal disposed of.
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