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2016 (6) TMI 830 - HC - Central ExciseEvasion of duty of excise - Anticipatory bail - MRP based valuation - valuation dispute of ceramic tiles - difference of Maximum Retail Price and the product sold at more than the Maximum Retail Price - clandestine removal of goods by the manufacturer. - the applicants are ready and willing to pay 50% of the Central Excise duty reserving all their rights to contend at an appropriate time in accordance with law to such proposal. He has also submitted that there is no dispute nor any objection qua the ongoing investigation. Held that:- the applicants are ordered to be released on anticipatory bail in the event of their arrest - The applicants shall deposit 50% amount of central excise duty demanded i.e. the amount of ₹ 50,00,000/- ( Rupees Fifty Lakh only) (rounded off) within a period of 15 days (fortnight) - Granted relief subject to conditions.
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