WEF 06.08.2014 Pre-Deposit Mandatory under Section 129E of Customs Act, 1962: SC

Chandra Sekhar Jha Vs Union of India & Anr (Supreme Court of India)

The first proviso of Section 129E of the present Section enacts a limitation on the total amount which can be demanded by way of pre-deposit. The first proviso provides that the amount required to be deposited should not exceed Rs.10 Crores. In this regard, the law giver has purported to grant relief to an appellant. The second proviso contemplates that Section 129(e) as substituted would not apply to stay applications and appeals which are pending befor

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