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2011 (5) TMI 336

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..... sp; Shri Mithil Dave, Advocate   Per : Mrs. Archana Wadhwa;   We find that out of the total duty of Rs. 20,95,221/-, the Revenue has already recovered an amount of Rs. Four lakhs by en-cashing the bank guarantee. We accordingly, dispense with the condition of pre-deposit of balance amount of duty and entire amount of penalty imposed upon the appellants.   2. It is seen that the s .....

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..... te for the appellants submits that Revenue has also challenged the impugned order of Commissioner (Appeals) for reducing the penalty on the assessee and deleting the penalty on the Director. As we have already remanded the assessee s appeal, we remand the Revenue s appeal also to the original adjudicating authority for fresh decision. Stay petition as also appeals get disposed off in above manner. .....

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