2014 (1) TMI 158

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.....C. Kamra, Advocates For the Respondent: Shri A.K. Jain, & Shri S. Jain, DR & Jt. CDR ORDER Per Archana Wadhwa : After hearing both the sides, we find that the demand of Rs.19,08,78,007/- (M/s Century NF Casting) stands confirmed against the applicant along with imposition of penalty of identical amount. 2. After hearing both the sides, we note that the applicant is engaged in the m....

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....nd Haryana borders. In support they have produced the bahiti records maintained by the State Government at the inter stage check post. 3. On the above ground, we note that the appellant has a prima facie case in its favour inasmuch as without the receipt of the inputs, it is not only difficult but in practical to manufacture their final product, which stands cleared on payment of duty. The Reve....

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....he same in their records but as they have not shown issuance of the same for further manufacture, Revenue has believed that the said dross ingots received by the appellant from job worker stands removed by them clandestinely without further activities of using the same in the manufacture of alloy ingots. However, the appellant's contention is that they have shown the use of the same in the manufac....

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....ount of Rs. 5 lakhs stand already deposited by them, but in any case that the deposit is attributable to the shortage of the final product. In view of the High Court's order and having held a prima facie case in favour of the assessee in respect of demand of amount of Rs.7 cores, we direct the applicant to deposit an amount of Rs.2 crores as a condition of hearing of their appeal within a period o....