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2009 (5) TMI 723

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..... DR, for the Respondent. [Order per : T.K. Jayaraman, Member (T) (Oral)]. In terms of the impugned order, the applicants are required to pre-deposit the following sums:- (i) Duty : Rs. 31,70,424/- under Section 11A(2) of the CE Act, 1944. (ii) Interest under Section 11AB. (iii) Penalty of Rs. 24,56,771/- under Section 11AC. (iv) Penalty of Rs. 5,00,000/- on the Company .....

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..... o Pharma Ltd. - 2006 (206) E.L.T. 236 (Tri.-Bang.). (ii) CCE, Hyderabad-III v. Natco Pharma Ltd. - 2007 (208) E.L.T. 573 (Tri.-Bang.). (iii) CCE, Hyderabad-IV v. Sreepathi Pharmaceuticals Ltd. - 2006 (205) E.L.T. 273 (Tri.-Bang.). (iv) CCE, Chandigarh-I v. Markfed Vanaspati Allied Indus. - 2003 (153) E.L.T. 491 (S.C.). (v) Hunsur Plywood Works Pvt. Ltd. v. CCE, Mysore - 2006 ( .....

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..... nufacture as the input itself is methanol. In these circumstances, we are of the view that the applicants have prima facie a case in their favour. Moreover, the cited decisions are also in their favour. The learned Advocate states that the BIFR proceedings are on. In view of the above, we order full waiver of the pre-deposit of the dues demanded in the impugned order. No coercive measures should b .....

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