2012 (5) TMI 557

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..... 3. Substantial relief has been granted by the Customs, Excise and Service Tax Appellate Tribunal (hereinafter referred to as 'the CESTAT') vide interim order dated 25-1-2012 with respect to waiver of deposit pending appeal before it. Petitioner is still dissatisfied with the same. Hence, the writ petition has been preferred. 4. The petitioner is registered as a hundred percent Export Or .....

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..... ods lying in stock on the date of de-bounding. Further a penalty equal to the same amount is imposed under Section 11AC of the Central Excise Act. Appeal has been preferred before the Tribunal against the order, which is pending consideration. The Tribunal by the impugned order considering interim application after detailed consideration of the various submissions which were raised, has passed hug .....

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..... it is not disputed that the industry has not been declared sick so far, as such, we find that no case for interference is made out. Ten days' time from today is granted to deposit the aforesaid amount, in case, the appeal has not been dismissed so far due to non-compliance of the order passed by the Tribunal. 7. Accordingly, the writ petition is dismissed to the aforesaid extension of time.< .....

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