https://www.taxtmi.com/caselaws?id=341815 A blanket stay of a CESTAT order at the Revenue's instance was declined because the Court found no material prejudice to the Revenue and noted that the factual record, including the absence of a rejoinder, an existing sanction order in one matter, and the assessee's offer to furnish indemnity and pay duty with statutory interest if the Revenue succeeded, did not justify overriding the Tribunal's order. The Court also held that the Revenue could not equate its stay request with the assessee's distinct applications before the Tribunal. The stay request was rejected and the notice of motion failed. en-us Mon, 03 Apr 2017 00:00:00 +0530 Mon, 13 Nov 2017 14:40:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=341815 A blanket stay of a CESTAT order at the Revenue's instance was declined because the Court found no material prejudice to the Revenue and noted that the factual record, including the absence of a rejoinder, an existing sanction order in one matter, and the assessee's offer to furnish indemnity and pay duty with statutory interest if the Revenue succeeded, did not justify overriding the Tribunal's order. The Court also held that the Revenue could not equate its stay request with the assessee's distinct applications before the Tribunal. The stay request was rejected and the notice of motion failed. Case-Laws Customs Mon, 03 Apr 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=341815