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TMI Blog2018 (4) TMI 306X X X X Extracts X X X X X X X X Extracts X X X X ..... assessee Company, M/s. Alufit (India) Pvt. Ltd. has approached this Court against the threatened encashment of Bank Guarantee BG No.2014/309 dated 01/10/2014 of Rs. 22,80,485/- issued in favour of the Central Excise Department. 2. The first appeal against the impugned assessment order passed by the Additional Commissioner of Customs, Annexure B on 15/10/2015 came to be dismissed by the Commissio ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... Company to approach the concerned Tribunal itself with the prayer for interim relief as well soon after the service of the order upon them and there was no justification for it to have waited till the end of the limitation period, but the assessee Company for no valid reason has failed to do so. 6. The learned counsel for the petitioner assessee Company submitted that the petitioner Company would ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... gr anted for the said purpose. 8. If such deposit of Rs. 10.00 lakhs is not made within the aforesaid period, the present writ petition shall be treated as dismissed without further reference to the Court. 9. If the said amount of Rs. 10.00 lakhs is deposited by the petitioner assessee Company within one week from today, the Bank Guarantee in question may not be encashed for the time bei ..... X X X X Extracts X X X X X X X X Extracts X X X X
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