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<h1>CESTAT grants stay on pre-deposit demand for appellant due to factory closure</h1> The Appellate Tribunal CESTAT, New Delhi granted a stay on the demand for pre-deposit of Rs. 273256 by the appellant due to factory closure. The stay was ... Stay/Dispensation of pre-deposit - Demand - Clandestine removal The Appellate Tribunal CESTAT, New Delhi granted a stay on the demand for pre-deposit of Rs. 273256 by the appellant, whose factory was closed due to a shortage of clinker and cement. The appellant argued that the quantification method used was prone to error, citing previous tribunal decisions. The stay was allowed until the appeal's disposal, with the next hearing scheduled for 21-1-2005.
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