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2008 (11) TMI 586

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..... e Respondent. ORDER Heard both sides. 2. The Applicants filed this Application for waiver of pre-deposit of duty and penalty. The demand was confirmed after adding the value of drawings and designs to the Assessable Value of the goods manufactured. The contention of the applicants is that they had already paid Rs. 7,00,000/- (Rupees Seven Lakhs only) at the time of hearing of the Appeal b .....

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..... Tax paid by the Applicants we direct the Applicants to deposit an amount of Rs. 17,00,000/-(Rupees Seventeen Lakhs only) within a period of 4 (four) weeks in addition to amount already deposited. On deposit of the above-mentioned amount, the pre-deposit of the remaining amount of duty, penalty and interest are waived. Compliance to be reported on 29-12-2008. (Pronounced and dictated in the open .....

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