2006 (3) TMI 352

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..... , for the Respondent. [Order per : S.S. Kang, Vice-President]. Heard both sides. 2. The applicant filed these applications for waiver of pre-deposit of duty of Rs. 16,11,66,542/- and penalty of the equal amount. The applicants are engaged in the manufacture of computer monitors. The applicants are availing the benefit of Modvat credit in respect of inputs used in the manufacture of mon .....

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..... ystem. The contention is that demand is in respect of the monitors, therefore, calculating the duty after taking into consideration the value of computer system is not sustainable. 4. Prima facie, in view of the fact that after taking into consideration the value of the computer system demand is confirmed whereas the demand is in respect of the monitor only. In these circumstances, we find, prim .....

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