Statutory stay limit: Tribunal cannot extend stay beyond prescribed period; waiver of pre-deposit power remains available. Tribunal lacks authority to grant extensions of interim stay beyond the statutory stay period introduced by the Finance Act, 2003, while the Tribunal's power to waive pre-deposit obligations during appeal pendency remains unaffected because the waiver provision was not amended; a prior Board circular advising High Court reference applications has been withdrawn as such Tribunal orders are not passed under the provision cited and may not be maintainable, and individual cases should be examined for possible filing of special leave petitions.
Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
Provisions expressly mentioned in the judgment/order text.
Statutory stay limit: Tribunal cannot extend stay beyond prescribed period; waiver of pre-deposit power remains available.
Tribunal lacks authority to grant extensions of interim stay beyond the statutory stay period introduced by the Finance Act, 2003, while the Tribunal's power to waive pre-deposit obligations during appeal pendency remains unaffected because the waiver provision was not amended; a prior Board circular advising High Court reference applications has been withdrawn as such Tribunal orders are not passed under the provision cited and may not be maintainable, and individual cases should be examined for possible filing of special leave petitions.
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