2016 (2) TMI 1138 - AT - Central Excise

Clandestine removal - demand of duty with penalty - Held that - The evidentiary value of all the grounds adopted by the Revenue and contested by the appellant can be taken note of at the time of final disposal of the appeal. Suffice it to say that at this stage, the appellants have not been able to make out a good prima facie case in their favour so as to allow the stay petitions unconditionally - appellant is directed to deposit 50% of demand.

Summary

The Appellate Tribunal CESTAT Bangalore directed M/s Kundil Sponge Iron Ltd and other applicants to deposit 50% of confirmed duty and penalties within eight weeks. The stay petitions were disposed of accordingly.