1999 (3) TMI 259

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..... r : Gowri Shankar, Member (T)]. Applications are for waiver of deposit of duty demanded of Rs. 71,68,799/-approx from M/s. S.G. International (out of which Rs. 1.88 lakhs approx. has already been paid), penalty of Rs. 1.40 crores on this applicant under Section 11AC of the Central Excise Act and penalty of Rs. 72 lakhs on T.N. Mulani, its authorised signatory. 2. Common Advocate for both t .....

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..... d of any purchases and that without exception everyone who was contacted by the department has denied, selling the applicant any of the goods in question. Therefore, he says duty has been rightly demanded and penalty imposed commensurate with the duty demand. 3. Prima facie, we do not find any case for waiving deposit of duty demanded. The total absence of any documentary evidence showing purcha .....

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