https://www.taxtmi.com/caselaws?id=82999 The Tribunal rejected both stay applications filed by the revenue, emphasizing that the power to grant stay was incidental to its appellate jurisdiction and should be exercised judiciously. The decision was based on the respondents having a strong case on merits, supported by settled legal principles from various High Courts and Tribunal decisions. The Tribunal deemed it inappropriate to grant stay to the revenue, concluding that it was not a suitable case to exercise inherent powers for granting stay, preventing appeals from being rendered ineffective. en-us Tue, 08 Jun 1993 00:00:00 +0530 Fri, 08 Jul 2011 18:03:55 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=82999 The Tribunal rejected both stay applications filed by the revenue, emphasizing that the power to grant stay was incidental to its appellate jurisdiction and should be exercised judiciously. The decision was based on the respondents having a strong case on merits, supported by settled legal principles from various High Courts and Tribunal decisions. The Tribunal deemed it inappropriate to grant stay to the revenue, concluding that it was not a suitable case to exercise inherent powers for granting stay, preventing appeals from being rendered ineffective. Case-Laws Central Excise Tue, 08 Jun 1993 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=82999