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2015 (10) TMI 1650 - AT - Central ExciseDemand of differential duty - Imposition of interest and penalty - Notification No. 11/2011-C.E. (N.T.), dated 24-3-2011 - Held that:- appellant contends that the last phrase of the Notification is not an essential condition. This contention appears prima facie not substantial though an arguable proposition. In the circumstances, we grant waiver of the assessed liability, on condition that the appellant remits ₹ 6,00,000/- within four weeks and reports compliance by 3-3-2015. In default the appellant would be liable to remit the entire amount and on such deposit as aforesaid would be entitled to stay all of the further proceedings for realization of assessed liability pending the appeal. - Partial stay granted.
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