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TMI Blog2014 (4) TMI 1268X X X X Extracts X X X X X X X X Extracts X X X X ..... ition precedent for the hearing of the appeals - HELD THAT:- The appellants are directed to deposit a sum of 25 lacs as a condition precedent for hearing of the appeals. Appeal disposed off. X X X X Extracts X X X X X X X X Extracts X X X X ..... f goods for principal manufacturers such as M/s. JCB Limited. In July, 2008, the factory premises of the appellants were inspected by the officers of the Central Excise Audit, Faridabad. A show cause notice dated 30-4-2010 (Annexure A-2) was issued to the appellants proposing the demand of ₹ 1.52 crores. The said show cause notice was duly replied by the appellants. The adjudicating authorit ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... er adjusting the Cenvat credit, the net duty liability of appellant No. 1 would be around ₹ 50 lacs to ₹ 60 lacs. Learned counsel further submitted that the Tribunal has observed that the demand duty could not have been more than ₹ 60 lacs and in such a situation directing appellant No. 1 to deposit an amount of ₹ 75 lacs and appellant No. 2 to deposit ₹ 5 lacs as a c ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... arned counsel for the appellants to extend the time for pre-deposit. However, in the interest of justice, we allow the time to the appellants to deposit the sum of ₹ 25 lacs upto 31-5-2014. It is directed that if the appellants in the present case deposit the amount of ₹ 25 lacs by 31-5-2014, the appeals shall be heard on merits in accordance with law. X X X X Extracts X X X X X X X X Extracts X X X X
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