2013 (10) TMI 577

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..... ie, in our considered view, it is a fit case for waiver of pre-deposit of penalties. Accordingly, the penalties are waived and its recovery stayed till the disposal of the appeals - Decided in favour of assessee. - C/146 - 147/2011 - - - Dated:- 11-7-2013 - Shri. P.K. Das and Shri. Mathew John, JJ. For the Appellant: Shri N. Viswanathan, Adv., For the Respondent: Shri K.P. Muralidharan, .....

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..... atement of the importer. The Ld. Advocate drew the attention of the Bench to the finding of the Commissioner in regard to imposition of penalty on the applicants. We find that the applicants are buyers of the machines and paid full rate of duty to M/s. Macro Agencies, the actual importer and the transfer has taken place through local sales invoice. 4. The Ld. AR submits that they are also part o .....

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