2000 (12) TMI 288 - AT - Customs

Summary

The Appellate Tribunal CEGAT, New Delhi directed the applicant Company and Shri Mahabir Prasad Goenka to deposit sums of Rs. 1 lakh and Rs. 50,000 respectively. The applicants complied before the deadline and sought a direction to prevent auctioning of seized goods. The Tribunal found the application premature as no notice of auction had been received, and dismissed it.