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2015 (12) TMI 166

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..... handrasekharan: The application for modification of stay has been made against order No. S/1241/14/CSTB/C-I dazted 18/11/2014 passed by this Tribunal wherein the applicants, Millenium Steel (I) Pvt. Ltd., was directed to make a pre-deposit of Rs. 1.00 crore (approximately) within a period of eight weeks and report compliance by 19/01/2015. The issue in the said order related to classification of .....

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..... , in two other cases, namely, Elite Natural Products, NSL Sugars Ltd. Guntur and JSW Energy Ltd., Circuit Bench at Hyderabad has granted stay on an identical matter and therefore, it is pleaded that the impugned orders be modified and the direction to pre-deposit the amount be withdrawn and complete waiver from pre-deposit be granted. 2. When the interim order dated 18/11/2014 was passed by this .....

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..... relied upon by this Tribunal while passing the stay order is based on a final order passed by the Bangalore Bench on the matter. It is a settled position of law that interim orders passed by the co-ordinate benches do not have any binding value. Further, interim order relied upon is subsequent to the passing of the order by this bench in the appellant's case and therefore, they cannot be said .....

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