https://www.taxtmi.com/caselaws?id=221914 Where a Tribunal's final order has already set aside the impugned action and granted consequential relief, and no stay has been obtained from a higher forum, the Revenue is obliged to implement that order. Applying the Board's circular, the Tribunal stated that bank guarantees must be released within the stipulated time once the issue stands decided in favour of the assessee and no stay operates against the order. It therefore directed compliance with the earlier order and release of the bank guarantees within 10 days, failing which consequences would follow. en-us Mon, 25 Mar 2013 00:00:00 +0530 Sat, 07 Sep 2013 17:48:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=221914 Where a Tribunal's final order has already set aside the impugned action and granted consequential relief, and no stay has been obtained from a higher forum, the Revenue is obliged to implement that order. Applying the Board's circular, the Tribunal stated that bank guarantees must be released within the stipulated time once the issue stands decided in favour of the assessee and no stay operates against the order. It therefore directed compliance with the earlier order and release of the bank guarantees within 10 days, failing which consequences would follow. Case-Laws Customs Mon, 25 Mar 2013 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=221914