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TMI Blog2021 (6) TMI 517X X X X Extracts X X X X X X X X Extracts X X X X ..... f the Central Goods Service Tax Act, 2017 on 02.02.2021, for initiation of process of recovery. On 22.02.2021, the raw material/finished goods, movable and immovable properties were attached. Plant and machinery was also attached - it is deemed fit and proper in the interests of justice to restore the appeal before the CESTAT which shall be decided on its own merits. The petitioner shall give ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... industrial chemicals. A demand notice was issued on 08.04.2016 proposing classification of industrial chemical Sikko Sol under sub-head No. 2710 1213 of the Central Excise Tariff Act,1985 having Central Excise duty @ 16% Adv + ₹ 15/- per litre prior to 17.3.2012 and thereafter @14% Adv. An amount of ₹ 33,77,95,151/- was levied on the petitioner for the period from 01.04.2011 to 31.12 ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... of ₹ 2.53 crores was deposited by 28.10.2020. He further submitted that the delay in depositing the amount may be condoned and the appeal filed before the CESTAT may be directed to be heard on merits. Mr.Balbir Singh, learned Additional Solicitor General conended that demand is to the tune of ₹ 100 crores. The deposit of the amount which is a precondition for entertaining the appeal b ..... X X X X Extracts X X X X X X X X Extracts X X X X
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