https://www.taxtmi.com/caselaws?id=104842 A blanket stay of a Tribunal order granting refund was refused because the High Court reference had only been admitted and had not produced any finding undermining the Tribunal's earlier conclusion. The Tribunal's view that the evidence was insufficient to sustain penalty under the customs provisions remained unchallenged in the stay proceedings, so the refund could not be kept in abeyance on that basis alone. Revenue protection was instead secured by requiring a bond to repay the refund with interest and a bank guarantee for the specified amount. The stay request was therefore dismissed subject to furnishing those securities. en-us Fri, 26 Apr 2002 00:00:00 +0530 Thu, 01 Mar 2012 15:22:18 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=104842 A blanket stay of a Tribunal order granting refund was refused because the High Court reference had only been admitted and had not produced any finding undermining the Tribunal's earlier conclusion. The Tribunal's view that the evidence was insufficient to sustain penalty under the customs provisions remained unchallenged in the stay proceedings, so the refund could not be kept in abeyance on that basis alone. Revenue protection was instead secured by requiring a bond to repay the refund with interest and a bank guarantee for the specified amount. The stay request was therefore dismissed subject to furnishing those securities. Case-Laws Customs Fri, 26 Apr 2002 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=104842