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2013 (2) TMI 145 - CESTAT MUMBAIEncashing the bank guarantee - Furnish by applicant - to complied with the condition of the stay order dated 18.12.2006 - The bank guarantee is alive till 2015 - Obtained extension of stay vide order dated 01.08.2012 - Meanwhile department encash bank guarantee - Held that:- As the applicant has complied with the condition of the stay order dated 18.12.2006 by executing bank guarantee of Rs.50 lakhs and the same is alive till 2015 and also obtained extension of stay vide order dated 01.08.2012, we direct the respondent to refund the amount of Rs.50 lakhs within seven days - In the favour of assessee
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