2007 (6) TMI 420

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..... e, Advocate for the Appellant. Shri J.K. Jha, SDR., for the Respondent. [Order per : Chittaranjan Satapathy, Member (T)]. Heard both sides. 2. Two Appeal Nos. EDM-9/06 and EDM-641/06 have been listed today. However, we find that Appeal No. EDM-9/06 already stands decided by Order dated 4-7-06 along with the Department s Appeal No. EDM-62/06. Hence, no further Order is required to b .....

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..... re-deposit on 12-7-2001 as per the Tribunal s directions and while the case was pending before the Hon ble Supreme Court, they paid Rs. 13.98 crores (Rupees thirteen crores ninety-eight lakhs) on 14-5-2004, 21-6-2004, 20-8-2004, 19-10-2004, 21-12-2004, 22-1-2005 and 21-2-2005 following rejection of the Stay Petition filed by the appellants in the Hon ble Supreme Court. The present appeal relates t .....

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..... Sheet as a part of the appeal papers at pages-212-213, which shows that the impugned amount of Rs. 14.98 crores is shown as Advances recoverable. Shri Bagaria, learned Sr. Advocate pleads that the Tribunal has consistently held that when the Chartered Accountant s Certificate as well as the Balance Sheet shows that the amounts have not been passed on and they are shown as recoverable, it has to be .....

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