2002 (3) TMI 635

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..... for the Respondent. [Order per : V.K. Agrawal, Member (T)]. -  This is an application filed by M/s. Haryana Sheet Glass Ltd., for waiver of pre-deposit of Central Excise duty amounting to Rs. 5,68,28,612.61 and a penalty of Rs. one crore. 2. Shri J.S. Agarwal, learned Advocate, submitted that out of the duty confirmed, the applicants have already deposited Rs. 4,55,98,474.61. He furth .....

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..... at in fact they have not deposited any amount out of the total differential duty confirmed by the Department; that the differential duty has been demanded after ascertaining the correct assessable value of the goods manufactured by them; that the assessable value has been determined by the adjudicating authority in terms of the law laid down by the Supreme Court in the case of Bombay Tyres Interna .....

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