2002 (1) TMI 755

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..... nt. [Order per : G.R. Sharma, Member (T)]. M/s. Birla Corporation Ltd. have filed a Stay Application No. E/S/1496/2001-NB praying for stay of recovery of the duty demanded for Rs. 28,56,901/- (Rupees twenty eight lac fifty six thousand nine hundred one), in Appeal No. E/1921/2001-NB. The applicant has filed Miscellaneous Application No. E/M/537/2001-NB for modification of the Stay Applic .....

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..... levied pending finalisation of the appeal. He submits that there is no mention of interest. Learned Counsel submits that duty does not include interest nor penalty can be stated to include interest and since the law specifically provides for deposit of duty demanded and penalty imposed, therefore, predeposit of interest may be waived. 4. Shri Mewa Singh, learned SDR submits that interest is paya .....

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