2016 (1) TMI 51 - AT - Customs

Waiver of pre deposit - Held that - High Court has reduced the predeposit to ₹ 5 lakhs and to report compliance within eight weeks. The order of the Hon ble High Court 2015 (12) TMI 1034 - MADRAS HIGH COURT should have been complied on or before 21.6.2015. Since the appellant s have not complied with the order of the Hon ble High Court, the appeal is dismissed for non-compliance under section 129E of the Customs Act, 1962. - Decided against Assessee.

Summary

The Appellate Tribunal CESTAT Chennai dismissed the appeal for non-compliance as the appellant failed to deposit Rs. 5 lakhs within the specified time as directed by the High Court. The compliance deadline was set for June 21, 2015. The appeal was dismissed under section 129E of the Customs Act, 1962.