2012 (5) TMI 586 - SCH - Central Excise

Application for waiver of pre-deposit - CESTAT had before it a batch of matters in which the allegation is that the assessees, who manufacture and sell M.S. ingots, had clandestinely cleared manufactured goods by suppressing the actual production - Extension of period to make pre deposit.

Summary

The Supreme Court directed the petitioner to deposit the entire amount by May 31, 2012, as per the High Court order from November 23, 2011. Failure to comply would result in the appeal before the Central Excise and Service Tax Appellate Tribunal being decided on merits.