2001 (6) TMI 547

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.... 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....

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....aterials and 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 pen....