2013 (10) TMI 1201

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..... n - Perused the gravity of the order as to the untruthful disclosure which made appellant’s application dismissed before settlement Commission - Invoices of the import resulted with undervaluation from the incriminating document recovered in the course of the proceeding - Keeping in view the financial difficulty expressed as well as the appropriation and encashment of Bank Guarantee stated, the ap .....

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..... an appropriation of Rs.6,50,000/- during adjudication and bank guarantee of Rs.1577859/- has been en-cashed. 2. Revenue says that had the appellant a clean case it would have made out the same before Settlement Commission and settled its litigation. When they could not make out a good case before the Commission, it has rejected their application. Therefore, any leniency at this stage of pre-dep .....

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..... f Rs.15,00,000/- each. The first installment shall be paid by 27th May, 2013 and second installment shall be paid before 30th June, 2013. Failure to make deposit of any of the installments shall render this order vacated. The appellant shall produce copy of challan before adjudicating authority, upon deposit of installments within a week thereof. On total deposit as directed, compliance shall be m .....

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