2014 (12) TMI 1254 - AT - Central Excise

Direction to appellant to deposit 50% duty confirmed against them - Held that - the issue is contentious and arguable and the appellant has made an offer to deposit 7.5% of the duty confirmed against them in terms of the subsequent amendment to the provisions of Section 35 F, which are effective from 6.8.2014. We find the above offer to be reasonable, just and fair. We accordingly direct the applicant to deposit 7.5% of the duty demand within a period of 8 weeks. - Stay petition disposed of

Summary

The appeal was filed against a stay order by the Commissioner directing the appellant to deposit 50% of the confirmed duty. The Tribunal found the issue contentious and allowed the appellant to deposit 7.5% of the duty demand within 8 weeks. Compliance will be reported to the Commissioner for further appeal consideration.