2004 (7) TMI 561

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... ocate, for the Appellant. Shri P.M. Saleem, SDR, for the Respondent. [Order per : S.L Peeran, Member (J) (Oral)].- For the purpose of hearing the appeal, appellant is required to pre-deposit duty of Rs. 7,60,82,979/- and interest at 24%. The Commissioner was directed to file para-wise comments on the stay application. 2. We have heard both sides in the matter. 3. In the impugned or .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... from the impugned order that the appellant has been declared financially sick unit and has gone under BIFR. BIFR has already given the direction to the authorities to compute the duty by granting them the benefit of exports already done and has also given a direction to waive interest. The prayer of the appellant is very short and in the facts and circumstances of the case the appeal could be list .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X