2013 (2) TMI 145

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..... - As the applicant has complied with the condition of the stay order dated 18.12.2006 by executing bank guarantee of Rs.50 lakhs and the same is alive till 2015 and also obtained extension of stay vide order dated 01.08.2012, we direct the respondent to refund the amount of Rs.50 lakhs within seven days - In the favour of assessee - C/1206/06-Mum - M/1039/2012/CSTB/C-I - Dated:- 18-10-2012 - As .....

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..... for extension of stay on 18.07.2012 and informed to the department also on the same day but the bank guarantee executed by the applicant has been encashed on 19.07.2012. It is further submitted that the application for extension of stay was listed before this Bench on 01.08.2012 and this Tribunal vide order no. M/798/2012/CSTB/C-I dated 01.08.2012 extended the stay passed by this Tribunal on 18.12 .....

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