https://www.taxtmi.com/caselaws?id=42378 Coercive recovery of a disputed excise duty demand may be restrained while an appeal remains pending, where the appellate challenge is active and adequate security is already in place. The protection can be made conditional on the petitioner maintaining a valid bank guarantee from a nationalised bank for the period of pendency, and no fresh guarantee is required if the existing guarantee satisfies that condition. The operative effect is conditional stay of recovery until final disposal of the appeal. en-us Tue, 17 May 1988 00:00:00 +0530 Thu, 10 Jun 2010 18:02:03 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=42378 Coercive recovery of a disputed excise duty demand may be restrained while an appeal remains pending, where the appellate challenge is active and adequate security is already in place. The protection can be made conditional on the petitioner maintaining a valid bank guarantee from a nationalised bank for the period of pendency, and no fresh guarantee is required if the existing guarantee satisfies that condition. The operative effect is conditional stay of recovery until final disposal of the appeal. Case-Laws Central Excise Tue, 17 May 1988 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=42378