https://www.taxtmi.com/caselaws?id=246078 The High Court partially allowed the appeal challenging the order under Section 129-A (4) of the Customs Act, which directed a deposit of Rs.12 crore. The Court stayed the recovery, permitting a cash deposit of Rs.3 crore and security for the remaining Rs.9 crore. The appellant's request for waiver of the balance amount due to financial hardship was not fully granted. The Court found the matter required further adjudication to assess the correctness of the Department's allegations, allowing the appeal to proceed on merit. The appellant was directed to file an affidavit for the deposit and security within a week for the Tribunal to promptly address the appeal's merit. en-us Wed, 09 Apr 2014 00:00:00 +0530 Thu, 20 Aug 2015 14:54:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=246078 The High Court partially allowed the appeal challenging the order under Section 129-A (4) of the Customs Act, which directed a deposit of Rs.12 crore. The Court stayed the recovery, permitting a cash deposit of Rs.3 crore and security for the remaining Rs.9 crore. The appellant's request for waiver of the balance amount due to financial hardship was not fully granted. The Court found the matter required further adjudication to assess the correctness of the Department's allegations, allowing the appeal to proceed on merit. The appellant was directed to file an affidavit for the deposit and security within a week for the Tribunal to promptly address the appeal's merit. Case-Laws Customs Wed, 09 Apr 2014 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=246078