2013 (11) TMI 1112

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..... iled this application for waiver of pre-deposit of duty of Rs.62,40,911/- along with interest and penalty. 2. Heard both sides and perused the records. 3. The applicant is engaged in the manufacture of sugar and chemicals and availed CENVAT credit on MS Channels, MS Angles, MS Plates, MS Flats, MS Beams and HR Coils falling under Chapter 72 and 73 of the CETA, 1985. The learned counsel submits t .....

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..... examined at the time of appeal hearing. The learned counsel submits that they have already paid an amount of Rs.3,76,127/-. After considering the submissions of both sides, we direct the applicant to deposit a further sum of Rs.20,00,000/- (Rupees twenty lakhs only) within eight and report compliance on 23.8.2013. Upon such deposit, pre-deposit of the balance dues stand waived and recovery thereo .....

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