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M/s. Atlanta Commodities Pvt. Ltd. Versus Commissioner of Central Excise, BBSR-I

2015 (10) TMI 1245 - CESTAT KOLKATA

Waiver of pre deposit - removal of MS ingots clandestinely without payment of duty - Held that:- Considering that the applicant had already deposited ₹ 10.00 Lakhs and offers to deposit further an amount of ₹ 10.00 Lakhs, which in our opi .....

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eposit of balance dues adjudged against M/s. Atlanta Commodities Pvt.Ltd. and the entire penalty against Shri Bharat Bhushan Sachdeva would stand waived and its recovery stayed during pendency of the appeal. It is made clear that failure to deposit t .....

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- Dr. D.M. Misra and Dr. I.P. Lal, JJ. For The Appellant : Dr.S.Chakraborty & Shri Abhijit Biswas, Adv.s For The Respondent : Shri K.Chowdhury, Supdt.(AR) ORDER Per Dr. D.M. Misra. 1. Heard both sides. 2. These applications are filed seeking waiv .....

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f ₹ 10.00 Lakhs had been deposited during the course of adjudication and appropriated in the impugned order. The issue involved in the present case rests on allegations of removal of MS ingots clandestinely without payment of duty during the pe .....

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submitted that the factory has been closed for last 2-3 years and there is no profit as practically there is no income. However, at this stage he offers to deposit ₹ 10.00 Lakhs. 4. The ld.AR for the Revenue reiterated the findings of the ld.Co .....

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