2014 (9) TMI 1043 - AT - Customs

Pre-deposit of differential duty - Held that - nobody appears on behalf of the applicant so, it seems that the applicant is not interested to proceed in the stay application hearing. Accordingly, the applicant is directed to predeposit the entire amount of differential duty within a period of four weeks and report compliance. Upon such deposit, predeposit of the balance dues stands waived and recovery thereof stayed during the pendency of the appeal. - Decided against the appellant

Summary

The Appellate Tribunal CESTAT CHENNAI directed the applicant to predeposit the entire amount of differential duty of Rs. 1,58,81,401 within four weeks and report compliance on 28.10.2014. Failure to do so would result in recovery of the dues during the appeal.