9911796707
TMI Blog2014 (5) TMI 1050X X X X Extracts X X X X X X X X Extracts X X X X ..... l SLR, Bars 10 lacs by the petitioner, the Tribunal shall not dismiss the appeal for want of pre-deposit. However, the deposit was subject to further orders to be passed by this Court. It was stated by learned counsel for the petitioner that the said amount stands deposited by the petitioner. - A further sum of 15 lacs in addition to the aforesaid amount of 10 lacs be deposited as a condition prec ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... herein may be noticed. The petitioner is engaged in the manufacture of Alloy and Non-Alloy Steel Ingots, Castings and auto parts etc. The record of the petitioner was audited by the audit branch of the Revenue from 22-7-2007 to 24-7-2009 and it was found that the petitioner was availing Cenvat credit on inputs other than waste and scrap of Chapter 7204. The audit branch referred the matter to Prev ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... unal vide order dated 17-12-2013 (Annexure P-1) directed the petitioner to deposit ₹ 40 lacs as a condition precedent for hearing of the appeal. Hence, the present writ petition. 3. Learned counsel for the appellant submitted that the liability has been illegally fastened on the petitioner. It was urged that the requirement of ₹ 40,00,000/- as a pre-deposit as directed by the Tri ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... by the petitioner. 7. After hearing learned counsel for the parties and keeping in view the totality of the facts and circumstances of the case, a further sum of ₹ 15 lacs in addition to the aforesaid amount of ₹ 10 lacs be deposited as a condition precedent for hearing of the appeal by the Tribunal which would meet the ends of justice. 8. The petition stands disposed of ac ..... X X X X Extracts X X X X X X X X Extracts X X X X
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