2014 (5) TMI 341

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....yal, Comm.(AR) PER : Shri P.R. Chandrasekharan, Member (Technical) 1. The miscellaneous applications have been filed seeking modification of the stay order No. S/351 - 352/WZB/2011/CSTB dated 19.08.2011 passed by this Tribunal wherein the appellants, M/s. Grey Worldwide (I) Pvt. Ltd., were directed to make a pre - deposit of Rs. 85 lakhs within a period of eight weeks and report compliance on 1....

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....f Group M. Media India Pvt. Ltd., in stay order No. M/436/11/CSTB/C - I dated 20.10.2011 and stay was granted from recovery of dues adjudged during the pendency of the appeal. 3. The Ld. Counsel also relies on the decision of the Hon‟ble High Court of Gujarat in the case of Amar Food Products vs. UOI, reported in 2010 (259) ELT 0490 - Guj, where in a case where a decision of a Division Benc....

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....sed earlier. 5. We have carefully considered the submissions made by both the sides. 5.1. It is a settled decision in law that the Tribunal has no power to review its own order, however, modification of the order can be asked in the event of "change in circumstances" as held in Baron International Ltd. case cited supra relied upon by the Revenue. Therefore, the only question to be decided is whe....

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....oducts cited supra has held that even a reference to a Larger Bench on a question of law would amount to "change in circumstance". If that be so, a decision interpreting the law would certainly amount to change in circumstance, if such interpretation came about after passing of the impugned order. Thus, in our view there is a change in circumstances in the instant case and the law has been interpr....