CESTAT dismisses revenue's appeal, rejects stay application, allows delay condonation.

The Appellate Tribunal CESTAT, New Delhi dismissed the revenue's appeal after rejecting their stay application based on a decision of the Hon'ble High Court of Bombay. The Tribunal allowed the condonation of delay in filing the appeal due to a non-mala fide reason, leading to the dismissal of both the stay application and appeal.

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The Appellate Tribunal CESTAT, New Delhi allowed the condonation of delay in filing the appeal by the revenue due to a non-mala fide reason. The Tribunal rejected the revenue's stay application based on a decision of the Hon'ble High Court of Bombay, leading to the dismissal of the revenue's appeal. Consequently, the Tribunal allowed the Condonation of Delay (COD) and dismissed both the stay application and appeal.

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