2013 (1) TMI 34

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..... e SCN demanding as the applicant is a purchaser of the said Advance Licence and made import of the goods,for demanding interest and for imposition of penalty - Held that:- There is no record to show that the applicant had knowledge or linking of any fraud committed by Seller The assessee had made out a strong prima facie case for waiver of pre-deposit of interest and penalty. Waiver & Stay petitio .....

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..... erest and for imposition of penalty. 2. We have gone through impugned order. We find that there is no record to show that the applicant had knowledge or linking of any fraud committed by M/s Rajat Pharmachem Ltd. 3. In view of the above, we find that the applicant had made out a strong prima facie case for waiver of pre-deposit of interest and penalty. Accordingly, we waive the requirement of .....

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