2004 (11) TMI 373

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....dvocate, for the Appellant. Shri S.V. Parelkar, JDR, for the Respondent. [Order per : Moheb Ali M., Member (T)]. - This application for modification of stay order No. S/595 to 600/WZB/2004/C-I dated 19-3-2004 is filed by the applicant on the ground that after the stay order is passed by the Tribunal directing the applicant to pre-deposit Rs. 60 lakhs towards duty, the department attached ....

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....Rs. 60 lakhs is to safeguard the Government revenue. The department went ahead to attach the property of the applicant despite this order. The purpose of the stay order is served inasmuch as the Government revenue to the extent of approximately Rs. 54 lakhs is secured by way of attachment. The department is free to dispose off the property so attached, in order to secure Government revenue to that....