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2008 (8) TMI 684 - CESTAT, NEW DELHIStay/Dispensation of pre-deposit of Penalty - Rule 25 of Central Excise Rules - present dispute is prior to 1-3-2007 - Held that: - the applicants issued invoices without supplying any goods on the strength of which credit has been availed by their customers. The applicants are duty bound to maintain time and correct stock of excisable goods and they are duty bound to issue invoices which shall contain description, classification, time and duty of removal, rate of duty, quantity and value of goods and duty payable thereon - In these circumstances, as the applicant being a registered dealer has not complied with the condition of the Central Excise Rules, prima facie, we find that it is not a fit case for total waiver of penalty. The applicants are directed to deposit 25% of the penalties imposed within a period of eight weeks - decided partly in favor of applicant.
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