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2022 (3) TMI 921 - CESTAT CHENNAISeeking restoration of the stay application - valuation of imported goods - foreign supplier being related company - correctness of the declared value - HELD THAT:- The appellant submits that valuation of the goods as done by the SVB should be stayed during pendency of the appeal. On the early date of hearing, Ld. Counsel had submitted that he does not wish to proceed with stay application as the early hearing of the appeal had been allowed. Thus the stay requested for in the present application is not from recovery of the demand but for stay of valuation and collection of duty for clearing the goods. Such a prayer cannot be allowed by the Tribunal. The EH application having been allowed by the Tribunal, the appellant can get relief for the earliest disposal of the appeal. There are no grounds for grant of stay as sought for in the application. The stay application is dismissed.
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