2009 (6) TMI 114

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....the Central Excise Act, 1944 by M/s. Lamicoat International Private Limited against the order dated 27th May, 2009 passed by the Customs, Excise and Service Tax Appellate Tribunal, New Delhi (hereinafter referred to as the "Appellate Tribunal') on the stay application by which the appellant has been directed to make a pre-deposit of Rs. 18,61,416/- towards duty and an equal amount towards penalty ....

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....dered the submissions from both sides. There can be no dispute that the judgment of the Hon'ble Supreme Court declares the law as it was even earlier. In the present case, we find that duty on the metalized films and laminated polyester films have been duly assessed (assessed by the assessee and, for some period, by the Department also) and paid to the Central Govt.; the credit on inputs during th....

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....pees eighteen lakhs sixty one thousand four hundred sixteen) [Rs. 14,70,682/- + Rs. 3,90,734/-]." 3. I have heard Sri M.P. Devnath, learned counsel appearing for the appellant and Sri S.P. Kesarwani, learned counsel appearing for the respondent. The Appellate Tribunal, by way of interim protection, has directed the appellant to deposit only that demand of Rs. 14.70 lacs and Rs. 3.90 lacs towards ....