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TMI Blog2017 (9) TMI 388X X X X Extracts X X X X X X X X Extracts X X X X ..... .Kishore Kunal, Mr.Pranav Bansal, Mr.Shashi Mathews, Advocates For the Respondents : Mr.Sanjeev Narula, CGSC with Mr.Abhishek Ghai, Advocate for R-1/UOI. Mr.Harpreet Singh, Sr.Standing Counsel with Ms.Namrata Bharti, Advocate ORDER 1. Notice. Mr. Sanjeev Narula, the learned CGSC accepts notice for Union of India/Respondent No. 1. Mr. Harpreet Singh, learned Senior Standing Counsel accepts notic ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... also provided credit of the entire CVD paid on inputs held in stock and inputs contained in semi-finished or finished goods held in stock on 1st July 2017 on complying with certain conditions. The Petitioners state that they fulfilled all the conditions and the credit of the CVD paid on imported gold dore bars accrued to them. 3. However, it is stated that in exercise of rule-making powers under ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... are not granted then the credit of CVD already availed and utilized for payment of tax on finished goods by the Petitioners would be electronically reversed and they would have to deposit cash. This would be severely prejudicial to them. 4. The Court is of the view that the Petitioners have made out a prima facie case for grant of interim relief in their favour. Further, the balance of convenienc ..... X X X X Extracts X X X X X X X X Extracts X X X X
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