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CBEC issues a Circular on recovery of confirmed demands during the pendency of stay application of duty

News and Press Release - Dated:- 5-7-2016 - Central Board of Excise and Customs (CBEC) has issued a circular dated 04.07.2016 on the issue of Recovery of confirmed demand of tax during the pendency of stay application in relation to indirect taxes. C .....

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ESTAT for periods prior to 06.08.2014, no recovery shall be made during the pendency of the stay application. It may be noted that the law on the issue was amended on 06.08.2014, where after filing of appeal requires payment of 7.5 or 10 per cent of .....

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