2011 (2) TMI 1153

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..... he case and in exercise of its jurisdiction grants exemption of cash deposit and directs appellant to furnish security, it cannot be found fault with - Appeal is dismissed - C.E.A. No. 93 of 2010, - - - Dated:- 24-2-2011 - N. Kumar and Ravi Malimath, JJ. Shri Y. Hariprasad, Advocate, for the Appellant. [Order per : N. Kumar, J.]. The revenue has preferred this appeal challenging t .....

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..... e. Government s expenditure cannot be made on bank guarantee or securities. In that view of the matter, they have suggested to their learned brethren that Court should be refrained from passing any interim orders staying the realisations of indirect taxes or passing such orders which have the effect of non-realisation of indirect taxes. In the instant case, it is not a case where duty is not paid, .....

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