2008 (10) TMI 134

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..... is threatening and adopting coercive steps to recover the amount pending clearance from High Powered Committee, is applicable - interim stay granted - Revenue is barred from recovering the amount - ST/497/2008 - 454/2008 - Dated:- 17-10-2008 - Dr. S.L. Peeran, Member (J) and Shri T.K. Jayaraman, Member (T) Shri D. V. Anjaneyulu , CA , for the Appellant. Ms. Joy Kumari Chander, JC .....

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..... that the Tribunal is vested with inherent powers to grant interim stay to a PS unit when the department is threatening to take coercive action to recover the amounts pending clearance from High Powered Committee. It is also held that Board Circular No. 316/32/97-CX., dated 2-6-1997 has also laid down that the department should not proceed to recover the amounts pending, clearance to be granted by .....

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