2014 (1) TMI 573

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..... hri S. Chakraborty, A.C.(A.R.) ORDER Per Dr. D.M. Misra; 1. These applications are for seeking waiver of pre-deposit of duty of Rs.1.05 crores and equal amount of penalty under section 11 AC of Central Excise Act and Rs.10,00,000/- on the Director of the applicant. 2. Dr. Samir Chakraborty, Ld. Advocate appearing for the applicant had submitted that the applicant were engaged in the fabricatio .....

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..... g from Aruna Industries Vishakhapatnam and Others vs. CCE, Guntur and Others -1986 (25) E.L.T. 580(Tribunal), Elecon Engineering Co. Ltd. vs. CCE, Chandigarh - 1999 (107) E.L.T. 337(Tribunal), General Mechanical Works vs. CCE, Chandigarh-I - 2003 (162) E.L.T. 454 (Tri.-Del.). However, the Ld. Advocate has accepted that post decision of Mahindra & Mahindra Ltd. vs. CCE, Aurangabad, Chandigarh, Kanp .....

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..... ecision in Mahindra & Mahindra case(supra). In these circumstances the offer made by the applicant to deposit Rs.15,00,000/-(Rupees Fifteen Lakhs only) is accepted and they were directed to make the deposit within 8(eight) weeks in addition to the deposit of Rs.4,00,000/- already made. On deposit of the said amount, the balance amount of dues adjudged would stand waived and recovery thereof would .....

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