1999 (2) TMI 194 - AT - Customs

Summary

The Appellate Tribunal CEGAT, CALCUTTA rejected the applicants' request to modify the Stay Order, directing them to deposit Rs. 10 lakhs towards duty and Rs. 5 lakhs towards penalty within six weeks from the receipt of the order. The Tribunal found no new grounds or evidence to support the applicants' claim of financial hardship.