2017 (1) TMI 473 - SCH - Customs

Waiver of pre-deposit - Violation of notification No.20/99-Cus and 16/2000 - the decision in the case of 2015 (9) TMI 818 - CESTAT CHENNAI contested - Held that - no coercive steps shall be taken for realization of the dues as per the judgment of the adjudicating authority, subject to the petitioner paying 75 per cent of the principal amount. If any amount has been deposited or paid earlier, the same shall be adjusted - imposed penalty is stayed - stay granted.

Summary

The Supreme Court granted a stay on coercive steps for realization of dues, subject to the petitioner paying 75% of the principal amount. The penalty imposed on the petitioner remains stayed. The appeal hearing is to be expedited.