2016 (2) TMI 179

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....R Per: G Raghuram: The stay application in the appeal was disposed of on 29/04/2013 directing predeposit of the assessed customs duty of Rs. 12,98,317/- and central excise duty of Rs. 26,925/- after taking credit of Rs. 1 lakh already deposited. Appellant was directed to report compliance by 15/07/2015. The predeposit ordered was the condition for waiver of the penalties imposed against the ....

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....uired to notice that appellant filed no application for extension of time, pleading financial distress. The appellant took its own time to predeposit the amount ordered, at its own convenience without any intimation to the Tribunal. 4. However with a view to provide the appellant an opportunity to pursue its appeal on merits, we are inclined to restore the appeal but on terms as to costs. Accor....