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2014 (8) TMI 530 - AT - Central ExciseModification of stay order - distribution of a substantial portion of the credit to the applicant using the percentage of overhead expenses in the total expenses as a template - violation of Rule 7(b) of the Rules, 2004 - Conditional stay order granted by Tribunal - Held that:- certificate issued by the Chartered Accountant after passing of the stay order cannot be accepted in the modification application as the same was not placed at any point of time, before the lower authorities. It would be reconsideration of an interlocutory order on merits which is not permissible under the law. In view of that, we do not find any merit in the application filed by the applicant. However, considering the facts and circumstances of the case, we extend the period of compliance for further 8 weeks - Decided in favour of assessee.
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