TMI Blog2014 (1) TMI 1008X X X X Extracts X X X X X X X X Extracts X X X X ..... .V. Ravindaran; This stay petition is filed for the waiver of pre-deposit of amount of duty of Rs. 52,77,378/- and Rs. 4,49,166/- and interest thereof. 2. The above said amount have been confirmed as Central Excise duty by the adjudicating authority as differential duty arising out of the confirmation of the Compounded Levy Scheme against the appellant. 3. Heard both sides and perused the recor ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... thorities. We are of the view that the appellant should be put to some condition to hear and dispose the appeal. Accordingly, considering the responsible statement of the learned counsel that they are eligible to avail deemed credit of approximately Rs. 42 Lakhs, we find that the appellant is still require to discharge the duty liability. All these issues needs to be gone into detail and hence we ..... X X X X Extracts X X X X X X X X Extracts X X X X
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