CESTAT orders company to deposit Rs. 1,17,289 despite no financial hardship claimed. Bank Guarantee involved.

The Appellate Tribunal CESTAT, Ahmedabad ordered the appellant company to deposit Rs. 1,17,289 within four weeks, despite no financial hardship claimed. The company had provided a Bank Guarantee for the same amount, to be released upon deposit, and was advised to contact Customs Authorities post-deposit.

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The Appellate Tribunal CESTAT, Ahmedabad directed the appellant company to deposit Rs. 1,17,289 within four weeks, with no financial hardship claimed. The company had already furnished a Bank Guarantee for the amount, which would be released upon deposit. The company was instructed to approach Customs Authorities after making the deposit.

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