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2001 (6) TMI 547

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..... ewa Singh, SDR, for the Respondent. [Order per : Lajja Ram, Member (T)]. For hearing their appeal, M/s. Ajit Cotton Ginning Pressing Dal Steel Rolling Mill, Mandi Gobindgarh are required to pre-deposit duty amount of Rs. 92,46,397.00 and equal amount of penalty. 2. The matter relates to the shortages in the stock of raw materials as well as the finished products. 3. Shri Vivek Kohl .....

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..... of clandestine removal of the finished products have been established against the appellants. The partner has admitted the shortages in his statement recorded under Section 14 of the Central Excise Act. A detailed order has been passed by the Commissioner of Central Excise, Chandigarh. At this prima facie stage, we consider that there is no case for complete waiver of the duty and penalty amount. .....

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..... undertaking to that effect before the Commissioner within a period of 12 weeks from today. In case, the above sum of Rs. 20,00,000/- is not pre-deposited within a period of 12 weeks from today and the undertaking is not given then the appeal will be dismissed without further reference to the appellants. 8. To come up for reporting the compliance and further orders on 4-10-2001. - - TaxTMI - .....

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