2013 (5) TMI 409 - AT - Customs

Non deposited of pre deposit - applicant was directed to make a predeposit of Rs. 20 lakhs but deposited a sum of Rs. 5 lakhs submitting no means to deposit the entire amount due to business closure - seeking twelve months time to pre deposit - Held that - No provision for payment of predeposit in installments exists thus in view of that the application filed by the applicant for extension of time for complying with the stay order is dismissed. Accordingly, the appeal is also dismissed for non-compliance with the stay order under Section 129E.

Summary

The Appellate Tribunal CESTAT Chennai dismissed the appeal due to non-compliance with the stay order requiring a predeposit of Rs. 20 lakhs under Section 129E of the Customs Act, 1962. The applicant had only deposited Rs. 5 lakhs and requested an extension of twelve months to pay the balance amount in installments, which was not granted. The appeal was dismissed as there was no provision for payment of predeposit in installments.