2013 (11) TMI 1552 - SCH - Customs

Appellant filed appeal against order of CESTAT imposing penalty upon him vide impugned order reported in 2013 (7) TMI 760 - ALLAHABAD HIGH COURT - Supreme court upon hearing counsel appearing for both parties, directed that if appellant deposits sum with CESTAT within two months from today, appeal which was dismissed shall be restored and be heard on merits.

Summary

The Supreme Court granted leave in an appeal filed by a partner of Novamet Industries penalized by Revenue Authorities. The appeal was dismissed by CESTAT due to non-payment of pre-deposit. The Court directed the appellant to deposit Rs. 7.5 crores within two months for the appeal to be restored and heard on merits. The order only applies to the appellant's individual appeal, not the appeal filed by Novamet Industries as a firm. The appeal was disposed of with no costs.