https://www.taxtmi.com/caselaws?id=247705 The Tribunal granted consequential relief to the applicant after a Stay Order provided an unconditional waiver of pre-deposit. The Tribunal deemed the encashment of the Bank Guarantee unnecessary due to the waiver and directed the Commissioner to refund the encashed amount of Rs. 50 lakhs to the applicant. The order required compliance within 7 days and was to be given Dasti, signifying that it was dictated and pronounced in court. The decision emphasizes the importance of ensuring consequential relief when a waiver of pre-deposit is granted and addresses the encashment of Bank Guarantees during stay applications. en-us Mon, 14 May 2012 00:00:00 +0530 Tue, 20 May 2014 18:45:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=247705 The Tribunal granted consequential relief to the applicant after a Stay Order provided an unconditional waiver of pre-deposit. The Tribunal deemed the encashment of the Bank Guarantee unnecessary due to the waiver and directed the Commissioner to refund the encashed amount of Rs. 50 lakhs to the applicant. The order required compliance within 7 days and was to be given Dasti, signifying that it was dictated and pronounced in court. The decision emphasizes the importance of ensuring consequential relief when a waiver of pre-deposit is granted and addresses the encashment of Bank Guarantees during stay applications. Case-Laws Customs Mon, 14 May 2012 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=247705