TMI Blog2014 (6) TMI 121X X X X Extracts X X X X X X X X Extracts X X X X ..... A.R. PER : D.N.Panda 1. Ld. Counsel suggest that if Revenue encashes bank guarantee to the tune of Rs.2.5 crores (Rupees two and half Crores) out of bank guarantee of Rs 9.00 crores, Valid Up to 27.1.2013 laying with Revenue authority, within two weeks from today that may not prejudice interest of Revenue to hear the Appellant on the basis of reply to the Show Cause Notice submitted today insea ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ashment of blank guarantee stated aforesaid for encashment within two weeks of receipt of this order and enable him to proceed for hearing expeditiously.We hope anxiety expressed bu us today shall be appreciated by both sides when the Appellant is facing huge demand and gravious charges. 4. If the authority fixes date of hearing the Appellant shall cause appearance before him without seeking adjo ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ELT 22 and principle laid down in the judgment of Hon'ble High court of Punjab & Haryana in the case of Smart Ply wood- 2012 (275) ELT 359 as well as in the case of Shiv Seva Sadan Vs. CCE- 2009 (237) ELT 695 to order as above.
6. In the result, both stay petition and appeal are disposed of in the manner indicated above.
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