Home Case Index All Cases Central Excise Central Excise + AT Central Excise - 2013 (11) TMI AT This
Forgot password New User/ Regiser ⇒ Register to get Live Demo
2013 (11) TMI 624 - CESTAT BANGALOREGoods written off but not found in factory – Duty Liability - Waiver of Pre-deposit - Whether the appellant is liable to pay duty on inputs/capital goods written off in their account but not found in the factory – Held that:- The appellant has not been making true statements in the balance sheet itself and the figure shown in the balance sheet were false and there are findings by the officers who visited the factory which, according to the appellant, are not correct - the issues involved are very complicated and require detailed consideration of various documents for arriving at any conclusion as to whether the appellant is liable to pay duty or not - in the case of capital goods at least, prima facie, the legal provisions appear to support their contentions - the counsel was asked to make an offer of pre-deposit for consideration - appellant is directed to deposit an amount of Rupees twenty lakh as pre-deposit – upon such submission rest of the duty to be waived till the disposal – Partial stay granted.
|