However, despite the Budget announcement, the CBDT has not yet issued the necessary Office Memorandum or Circular modifying the existing Office Memorandum dated 31.07.2017. Consequently, taxpayers continue to be required to deposit 20% of the disputed demand for obtaining a stay, as explained below. The said instruction vested discretion in the Assessing Officer to grant stay of demand and did not prescribe any fixed percentage of the disputed demand to be deposited. 404/72/93-ITCC dated 31.07.2017, the CBDT enhanced the standard recovery percent from 15% to 20% of the disputed demand. To date, no Circular, or Office Memorandum has been issued by the CBDT modifying Office Memorandum F. No.