9911796707
TMI Blog2013 (2) TMI 540X X X X Extracts X X X X X X X X Extracts X X X X ..... ie at the stay stage and it is a case of clandestine removal and it is also submitted by the applicants that if the formula adopted by them is to be followed, the demand will come down to Rs.8 lakhs. There is some substance in the impugned order for asking the applicants to make partial deposit of the impugned demands. Partial waiver - E/425, 426/2010 - - - Dated:- 19-7-2012 - Ashok Jindal And ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... y had cleared the goods clandestinely and impugned demands have been confirmed along with fine and penalty. 3. The learned counsel for the applicants submitted that the applicants are also engaged in the trading activity of steel wire rods. Therefore, the demand on the basis of consumption of steel wire rods against the applicants is not sustainable. He further submitted that the Rutile is a con ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... e available with the them have already been given to the applicants and on the basis of which they have replied in the earlier occasion also. He further submitted that all the possible calculations have been done by the adjudicating authority in the adjudication order and on the basis of those calculations, the impugned demands have been confirmed. He further submitted that the Commissioner has co ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... t the applicant to make a pre-deposit of another Rs.20 lakhs (Rupees Twenty Lakhs only) in addition to Rs.2 lakhs already paid by them, within a period of 8 weeks and report compliance on 20.09.2012 . On such deposit, the balance amount of duty, fine and penalty on the main applicant and fine on the other applicant shall remain waived and recovery thereof stayed during the pendency of the appeal. ..... X X X X Extracts X X X X X X X X Extracts X X X X
|
