Tax Management India. Com
Law and Practice  :  Digital eBook
Research is most exciting & rewarding
  TMI - Tax Management India. Com
Follow us:
  Facebook   Twitter   Linkedin   Telegram

TMI Blog

Home

2007 (11) TMI 537

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... espondent. [Order per : Archana Wadhwa, Member (J)]. The prayer in the stay petition is to dispense with the condition of pre-deposit of duty of Rs. 5,84,59,071/- and personal penalty of Rs. 58 lakhs imposed upon the applicant-appellant, who are engaged in the manufacture of Starch and Starch products, some of which are dutiable and some exempted. The said demand stand confirmed by the C .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... ged under the said rule does not disclose the receipt, consumption and inventories on day-to-day basis of the said input. In as much as no separate storage of the input was maintained and all the inputs whether going for dutiable products or exempted products, were not stored separately, the provisions of Rule 6 would get attracted. 2. We further note that it is on record that the inputs which g .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

 

 

 

 

Quick Updates:Latest Updates