2006 (9) TMI 196

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....2 passed by the Customs, Excise and Gold (Control) Appellate Tribunal in C/Stay/812/2002-C in Appeal No. C/227/2002-C. 2. By the application on which the impugned order ha been passed, the Petitioner had sought waiver of pre-deposit of duty amounting to about Rs. 19.7 crores and an equal amount of penalty imposed by the Commissioner of Central Excise. 3. The Tribunal, after hearing the matte....

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....a demand was raised by the Respondents. 6. When the writ petition came up for preliminary hearing on 7th November, 2002, this Court restrained the Respondents from taking any coercive steps to realise the demands created in terms of the adjudication order, which was the subject matter of appeal before the Tribunal. 7. On 27th January, 2003, this Court noted that despite two opportunities hav....

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....ed for four years, and even if it continues for another few months, it will not prejudice the Revenue, which, as already noted, has not been particularly interested in pursuing the matter. Consequently, without going into the correctness or otherwise of the order passed by the Tribunal oh 1st August, 2002, we direct the Tribunal to dispose of the appeal filed by the Petitioner within a period of t....