https://www.taxtmi.com/caselaws?id=97670 Confiscated goods under the control of customs and central excise authorities were treated as vesting in the Government, so pre-deposit of confirmed customs duty and corresponding excise duty was not insisted upon at the stay stage. The same reasoning was applied to the pre-deposit requirement for penalties. The assessee's status as a sick unit with substantial accumulated losses was also treated as an additional ground against insisting on deposit. The stay application was allowed unconditionally and the appeal was directed to proceed to regular hearing. en-us Tue, 31 Oct 2000 00:00:00 +0530 Tue, 17 Jan 2012 16:12:50 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=97670 Confiscated goods under the control of customs and central excise authorities were treated as vesting in the Government, so pre-deposit of confirmed customs duty and corresponding excise duty was not insisted upon at the stay stage. The same reasoning was applied to the pre-deposit requirement for penalties. The assessee's status as a sick unit with substantial accumulated losses was also treated as an additional ground against insisting on deposit. The stay application was allowed unconditionally and the appeal was directed to proceed to regular hearing. Case-Laws Central Excise Tue, 31 Oct 2000 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=97670