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TMI Blog2015 (1) TMI 1087X X X X Extracts X X X X X X X X Extracts X X X X ..... 5 lakhs, which, in our opinion, is sufficient to hear their Appeals. In the result, we direct M/s Kaizen Organics Pvt. Ltd., to deposit ₹ 7.5 lakhs within a period of eight weeks from today and report compliance on 30.12.2014. On deposit of the said amount, the balance amount of dues adjudged against Applicant No. (i) & (iii) and all dues adjudged against Applicant No.(ii), i.e. Shri Vikash Bajoria, would stand waived and its recovery stayed during pendency of the appeals - Partial stay granted. - Appeal Nos.70828-70830/13 - ORDER NO.SO/76526-76528/2014 - Dated:- 30-10-2014 - DR. D. M. MISRA AND DR. I. P. LAL, JJ. For the Appellant : Shri Pulak Kr. Saha, C. A. For the Respondent : Shri K. Chowdhury, Supdt. (A.R.) ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ant No.(iii) and used by Applicant No.(i) in the manufacture of finished goods. It is his submission that if requisite quantity of inputs were not received by the Applicant No. (i), then they would not have been able to manufacture and clear the finished goods that were manufactured and cleared on payment of duty. The ld. C.A.further submits that during the course of adjudication proceeding, M/s Koolmint Manufacturing Company, has deposited an amount of ₹ 15.00 lakhs and he makes an offer to further deposit an amount of ₹ 7.5 lakhs. He also prays that the said amount may be allowed to be deposited by M/s Kaizen Organics Pvt. Ltd.. 3. The ld. A.R. appearing for the Department, on the other hand, submits that availment of cenva ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... time of disposal of the Appeals, so as to ascertain whether, in fact, the inputs were manufactured and cleared by M/s Koolmint Manufacturing Company on payment of duty, and received by M/s Kaizen Organics Pvt. Ltd.,or otherwise. At this stage, we find that an amount of ₹ 15.00 lakhs has been deposited by M/s Koolmint Manufacturing Company during adjudication and now the ld.C. A. for the Applicants, makes an offer to deposit further amount of ₹ 7.5 lakhs, which, in our opinion, is sufficient to hear their Appeals. In the result, we direct M/s Kaizen Organics Pvt. Ltd., to deposit ₹ 7.5 lakhs within a period of eight weeks from today and report compliance on 30.12.2014. On deposit of the said amount, the balance amount of du ..... X X X X Extracts X X X X X X X X Extracts X X X X
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