2013 (10) TMI 575

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.... the Respondent: Shri K. Sivakumar, A.R. JUDGEMENT Per : Mr. M.V. Ravindaran; These applications are filed for modification of our stay orders which direct the applicants to deposit 50% of penalties imposed on them under Section 114(ii) of the Customs Act, 1962 and report compliance today. 2. Learned counsel would try to bring to our notice that the Bench has not considered the submiss....

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....the submissions made by the learned counsel at the time of hearing of the stay petitions. 4. After careful consideration of the submissions made by both sides, we find that the Bench while passing the order of pre-deposit of 50% of the amount of penalty imposed under Section 114 of the Customs Act, 1962, has gone into detail the submissions made by the learned counsel. In the case in hand, we f....