https://www.taxtmi.com/caselaws?id=244826 The Tribunal held that the amendment to Section 35C of the Central Excise Act, 1944 by the Finance Act, 2013 did not restrict its power to extend stay orders beyond the specified period. Relying on the precedent set by a Supreme Court case, the Tribunal emphasized that valid reasons beyond the control of the assessee could justify such extensions. The decision clarified that the Tribunal could grant stay orders exceeding six months under certain circumstances, rejecting the respondent's argument and allowing the extension of the stay order in this case. en-us Fri, 12 Jul 2013 00:00:00 +0530 Tue, 02 Sep 2014 10:40:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=244826 The Tribunal held that the amendment to Section 35C of the Central Excise Act, 1944 by the Finance Act, 2013 did not restrict its power to extend stay orders beyond the specified period. Relying on the precedent set by a Supreme Court case, the Tribunal emphasized that valid reasons beyond the control of the assessee could justify such extensions. The decision clarified that the Tribunal could grant stay orders exceeding six months under certain circumstances, rejecting the respondent's argument and allowing the extension of the stay order in this case. Case-Laws Central Excise Fri, 12 Jul 2013 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=244826