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.