I have implemented 3D CoverFlow effect slider in jQuery, but its not working in IE7,IE8
so any one can give me solution for this issue.

url of coveflow effect slider http://codecanyon.net/item/icarousel/full_screen_preview/2527180
This jQuery function is not working in IE7,IE8 and IE9 and also its a paid versions.

Since you paid for it, have you contacted the author?