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TMI Blog2014 (1) TMI 1334X X X X Extracts X X X X X X X X Extracts X X X X ..... av Mahajan For the Respondent : B. K. S. Raghuvanshi, Sr. Sc,Vinod Kant ORDER We have heard learned counsel for the parties. Supplementary affidavits have been filed annexing therewith the balance sheet of the firm as on 31.3.2013 and the income tax returns of the proprietors and partners of the appellant firms for last three assessment years. On 9th December, 2013 we passed the following ord ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... y of the like amount imposed on the firms an amount of Rs.78,60,500/- was deposited during investigation in October, 2010 and that goods worth Rs.80,13,000/- have been seized. The appellants do not have financial capacity to pay redemption fine of Rs.8,50,000/- in one case and Rs.1 lac in another case in redeeming the goods. Prima facie the findings on merits are against the appellants. In order ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... Excise and Service Tax Appellate Tribunal dated 27.8.2013 by which the appellants have been asked to deposit Rs.50 lacs within 12 weeks, subject to which balance amount of pre-deposit of duty and penalty waived and recovery was to remain stayed. The duty effect is to the tune of Rs.3,12,26,046/- and thus even if we take into consideration that Rs.78,60,500/- was deposited during investigation by ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ate units, the order passed by the Tribunal for a deposit of Rs.50 lacs only by consolidated order in both the cases, has taken into consideration the submission both with regard to prima facie case and the undue hardships, which may be caused to the appellants. The Central Excise Appeals do not raise any substantial questions of law to be decided by this Court. The orders passed by the Tribunal ..... X X X X Extracts X X X X X X X X Extracts X X X X
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