2014 (4) TMI 50

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....; The prayer in the application is to dispense with condition of pre-deposit of an amount of Rs.61,78,804/- confirmed against the appellant/applicant alongwith imposition of penalty and confirmation of interest. Penalty also stands imposed upon the director. 2. After considering the submissions made by both sides, we find that the appellant is engaged in the manufacture of plastic furniture and ....

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....on. It is the contention of the learned Advocate that as per allegation, they have not received PVC granules and Revenue has to show as to how manufacture of such quantity of their final product is possible without receiving PVC granules. No alternative source of procurement stand shown by the Revenue. 4. In view of the above, we find that the issue is contentious and arguable. The entire evidenc....