CESTAT MUMBAI: Stay Applications Dismissed, 50% Pre-deposit Required, Recovery Stayed

The Appellate Tribunal CESTAT MUMBAI dismissed the stay applications due to non-appearance by the applicants. They were instructed to make a 50% pre-deposit of the penalty within eight weeks, with the remaining amount waived upon deposit, and recovery stayed during the appeal.

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The Appellate Tribunal CESTAT MUMBAI dismissed the stay applications as none appeared on behalf of the applicants despite multiple notices. The applicants were directed to make a 50% pre-deposit of the penalty confirmed against them within eight weeks, with the balance amount waived upon such deposit and recovery stayed during the appeal.

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