Any stay order passed by the CESTAT, if it is in force beyond 07-08-2014 it would continue till the disposal of the appeal

Venketeshwar Filaments Pvt. Ltd vs. CCE & ST, Vapi. [2014]-TIOL-2388-CESTAT-AHM

 

FACTS:

The initial stay order passed by the Bench expires on 20-08-2014

HELD:

With the omission of the 1st, 2nd and 3rd proviso in section 35C(2A) vide section 103 of the Finance (2) Act,2014, there is no provision for making any further applications for extension of stay nor has the Tribunal have powers for hearing and disposing the application from 07-08-2014. However, the initial stay order in force after 07-08-2014 does not lapse.