2002 (3) TMI 683 - AT - Customs

Summary

The Appellate Tribunal CEGAT, Mumbai considered an application for waiver of pre-deposit and stay of recovery related to the confiscation of air-conditioners imported by M/s. Kitchen Appliances. The Tribunal directed a pre-deposit of Rs. 1 lakh towards the penalty within two weeks, with further pre-deposit dispensed with pending appeal. Failure to comply would result in vacation of stay and dismissal of appeal without notice. Compliance to be reported by 27th March, 2002.