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2015 (2) TMI 37 - AT - Central ExciseWaiver of predeposit - Suppression of production of ignots - Revenue is relying upon the private records recovered from the premises which show datewise and heatwise production of ingots - Held that:- Number of ingots manufactured as per the private records is much more than the number of ingots manufactured as shown in the official heat register. Similarly, ingot movement from SSPL to KSPL register also shows the clearances of ingots to KSPL which is not reflected in the statutory records. In view of these, we find that the applicants had not made out a case for total waiver dues. After considering the facts and circumstances of this case, plea of financial hardship and interest of Revenue as provided in Section 35F, the applicant M/s. SSPL is directed to deposit an amount equal to 50% of the duty confirmed within a period of 8 weeks. On deposit of the same, the requirement of predeposit of remaining dues is waived and recovery of the same is stayed in respect of both the appeals. - Partial stay granted.
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