Tax Management India. Com
Law and Practice  :  Digital eBook
Research is most exciting & rewarding
  TMI - Tax Management India. Com
Follow us:
  Facebook   Twitter   Linkedin   Telegram

TMI Blog

Home

1998 (12) TMI 190

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... er]. - By the captioned stay application, the applicants have requested for waiver of pre-deposit of duty amounting to Rs. 7,74,630/-. 2.  The facts of the case are that the applicants are manufacturing Hot Re-rolled Product. They opted for payment of duty under Rule 96ZP(3). The appellants made provisional deposit of Rs. 2 lac for the month of September, 1997 and October, 1997. On 12-3-19 .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... s not in a position to deposit the entire amount of duty. He submits that the unit shall have to face great financial hardship if they are directed to deposit any amount of duty. He, therefore, prays that pre-deposit of duty may be waived specially in view of the fact that they had already deposited Rs. 2 lac provisionally. 4.Opposing the request, Shri D.K. Nayyar, ld. JDR submits that the Commis .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... eposit a sum of Rs. 2.5 lac on or before 12-2-1999. I also observe that the applicants had already deposited Rs. 2 lac, if that be so they will deposit only the balance of Rs. 50,000/- on or before 12-2-1999. Compliance of this order should be reported by 19-2-1999. In case the applicants have already deposited Rs. 2 lac provisionally for the month of September, 1997 and September, 1998 then they .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

 

 

 

 

Quick Updates:Latest Updates