Original Judgement : Asit C. Mehta Financial Services Limited Vs. The Customs Excise and Service Tax Appellate Tribunal (CESTAT)

This document contains the original judgement from the High Court of Judicature at Bombay concerning Asit C. Mehta Financial Services Limited and the Customs Excise and Service Tax Appellate Tribunal (CESTAT). The judgement addresses a petition to quash a case and return a bank guarantee, focusing on the delay by CESTAT in submitting a statement of case. It clarifies that the 120-day time limit for submission is directory, not mandatory, to prevent parties from losing their right to appeal due to administrative delays. This judgement is particularly useful for legal professionals, tax consultants, and businesses involved in customs and excise matters.

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