2015 (12) TMI 1605 - SCH - Central Excise

Area based exemption - the decision in the case of UNION OF INDIA Versus KAMAKHYA COSMETICS AND PHARMACEUTICALS 2014 (11) TMI 1187 - GAUHATI HIGH COURT referred - Held that - Pending further orders we direct that subject to the petitioners releasing 50% of the amount due to the respondent in terms of the impugned judgment on the respondents furnishing solvent surety to the satisfaction of the jurisdictional commissioner the operation of the impugned judgment shall remain stayed - We further direct that contempt proceedings initiated against the petitioners shall subject to their releasing 50% of the amount as stated above remain stayed. The needful shall be done within four weeks from today - appeal allowed.

Summary

The Supreme Court directed the petitioners to release 50% of the amount due to the respondent to stay the impugned judgment, pending further orders. Contempt proceedings against the petitioners will also remain stayed upon compliance. The directive must be fulfilled within four weeks.