https://www.taxtmi.com/caselaws?id=410733 The court granted the Petitioner an ad interim ex parte stay of the Recovery Notice dated 15.07.2021, directing the Petitioner to deposit the amount sought to be recovered. The court found a prima facie case for interim relief, noting irreparable loss if recovery was not stayed. The court held that the Balance of Convenience favored the Petitioner, staying the operation of the impugned orders and the Recovery Notice during the writ petition's pendency. The court agreed with the Petitioner's argument on the applicability of the DGFT Notification dated 25.08.2017, granting interim relief based on the presented judgments and legal arguments. en-us Thu, 22 Jul 2021 00:00:00 +0530 Sat, 07 Aug 2021 08:52:50 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=410733 The court granted the Petitioner an ad interim ex parte stay of the Recovery Notice dated 15.07.2021, directing the Petitioner to deposit the amount sought to be recovered. The court found a prima facie case for interim relief, noting irreparable loss if recovery was not stayed. The court held that the Balance of Convenience favored the Petitioner, staying the operation of the impugned orders and the Recovery Notice during the writ petition's pendency. The court agreed with the Petitioner's argument on the applicability of the DGFT Notification dated 25.08.2017, granting interim relief based on the presented judgments and legal arguments. Case-Laws Customs Thu, 22 Jul 2021 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=410733