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1989 (3) TMI 239

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....espondents. [Judgment].  - Heard Shri. P.V. Madhavan Nambiar, Senior Standing Counsel for the Central Government who appears for the respondents on receipt of a copy of this original petition.  2. Against the order Ext.P-1 which was confirmed in appeal by the order Ext. P-2 the petitioner has filed a second appeal before the first respondent Tribunal. A copy of the appeal is Ext....

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....No. 1039 of 1989 wherein I held that waiver of deposit does not tantamount to stay of collection of the duty payable. However and having regard to the fact that the assessee was under the bona fide belief that it also operates as stay, I granted two months time to the assessee concerned in that case to apply to the Tribunal for stay and meanwhile stayed the collection of the amount demanded. The s....