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

2013 (11) TMI 1141

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... by them – the amount already deposited and appropriated by the lower authority is sufficient for hearing these appeals - the pre-deposit waived till the disposal – Stay granted. - E/56987,56988,56989,56990/2013 EX[SM] - Stay Order No. 57765-57768/2013 - Dated:- 20-5-2013 - Mr. Sahab Singh, J. For the Appellant: Shri R. Prashad, Advocate For the Respondent: Shri S.K. Panda, AR ORDE .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... of which finished goods collectively valued at Rs. 91,58,842/- as detailed in Panchnama dated 23.03.2010 were found not accounted for, and not recorded in any records like stock register and on a reasonable belief that the same were intended to be removed without payment of duty, the said finished goods were seized under Section 110 of Customs Act, 1962 read with Rule 24 of Central Excise Rules. S .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... nt in lieu of the Central Excise duty. 3. Against this order the appellants preferred appeals before the Commissioner (Appeal) who vide the impugned order as dropped the confirmation of duty amounting to Rs. 6,41,119/- and the confirmation of interest of Rs. Rs. 1,41,951/-. For release of Indian Currency of Rs. 4,80,000/- an option for payment of redemption fine to Rs. 1,58,400/- was given. The .....

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