TaxTMI 
TaxTMI 
2006 (7) TMI 100
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....sed signatory and Manager of the Respondent as well as the Director of M/s. Shakti Shiva Magnets Private Ltd. was arrested for evading the excise duty. On 21st September, 1997, Rajiv Gupta was granted bail subject to the condition that he would deposit a sum of Rs. 2,70,000/- towards excise duty and furnish a personal bond of Rs. 1 lakh with one surety in the like amount. Some other conditions wer....
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....me reason, the Appellant insisted upon giving the refund only to Rajiv Gupta, who was the beneficiary of the bail order dated 21st September, 1997. 3. When the refund was declined to the Respondent, the matter was taken up before the Customs, Excise and Service Tax Appellate Tribunal and by an order dated 21st January, 2004, it was held that the deposit of Rs. 2.7 lakhs made by or on behalf of t....
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....the Respondent or Rajiv Gupta, who is the authorised signatory and Manager of the Respondent. 5. Under the circumstances, we do not think that the impugned order of the Tribunal raises any substantial question of law that would require our consideration. Therefore, we dismiss the appeal. 6. We make it clear that in case the amount of Rs. 2.7 lakhs, deposited pursuant to the bail order dated 21s....