(1.) THIS stay petition is relating to the Appeal No. E/508/07 against the order of the Commissioner (Appeals) No. 44/2007(Ahd -I), dt. 31 -1 -07.
(2.) AFTER hearing both sides for a while on the stay petition, we find that a simple issue is involved in the appeal and therefore, grant waiver of pre -deposit and proceed to hear the appeal itself for final disposal.
(3.) THE relevant facts, in brief, are as follows :