M/S. Ray Cement Vs. Commissioner of Central Excise, - Court Judgment

Excerpt:
1. shri m.p. devnath, advocate submits that the appellants, m/s. raj cement, a unit of m/s. shree cement ltd. are required to pre-deposit a sum of rs.97,782/- for hearing their appeal no.e/3499/2000 nb (sm). he submits that the appellants have a arguable case and they will place all their points when the matter is fixed for regular hearing.2. after hearing shri a.k. jain, sdr, i direct the appellants to pre-deposit a sum of rs.50,000/- (rupees fifty thousand only) within a period of 4 weeks from today. on pre-depositing the above sum of rs.50,000/- within a period of 4 weeks from today, the requirement of pre-deposit of the balance duty amount will be waived and recovery stayed till the disposal of the appeal.3. to come-up for reporting the compliance for and further orders on 12th april, 2001.

Judgment:
1. Shri M.P. Devnath, Advocate submits that the appellants, M/s. Raj Cement, a unit of M/s. Shree Cement Ltd. are required to pre-deposit a sum of Rs.97,782/- for hearing their Appeal No.E/3499/2000 NB (SM). He submits that the appellants have a arguable case and they will place all their points when the matter is fixed for regular hearing.

2. After hearing Shri A.K. Jain, SDR, I direct the appellants to pre-deposit a sum of Rs.50,000/- (Rupees Fifty Thousand Only) within a period of 4 weeks from today. On pre-depositing the above sum of Rs.50,000/- within a period of 4 weeks from today, the requirement of pre-deposit of the balance duty amount will be waived and recovery stayed till the disposal of the appeal.

3. To come-up for reporting the compliance for and further orders on 12th April, 2001.