https://www.taxtmi.com/caselaws?id=270493 The Tribunal granted the stay petition against the Commissioner's order confirming a duty demand and penalty. The case involved differential custom duty on imported Steam Coal. The Tribunal followed the Allahabad High Court's judgment, applying the amendment in Section 129E prospectively from 6/8/2014 for mandatory deposits. It rejected the Rajasthan High Court's interpretation of the amendment in Section 35F of the Central Excise Act. The decision highlighted the importance of finality in judgments and granted the stay application, waiving the pre-deposit and staying recovery pending appeal disposal. en-us Mon, 13 Jul 2015 00:00:00 +0530 Fri, 08 Jan 2016 09:59:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=270493 The Tribunal granted the stay petition against the Commissioner's order confirming a duty demand and penalty. The case involved differential custom duty on imported Steam Coal. The Tribunal followed the Allahabad High Court's judgment, applying the amendment in Section 129E prospectively from 6/8/2014 for mandatory deposits. It rejected the Rajasthan High Court's interpretation of the amendment in Section 35F of the Central Excise Act. The decision highlighted the importance of finality in judgments and granted the stay application, waiving the pre-deposit and staying recovery pending appeal disposal. Case-Laws Customs Mon, 13 Jul 2015 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=270493