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TMI Blog2013 (11) TMI 233X X X X Extracts X X X X X X X X Extracts X X X X ..... ned which suggests self cheque drawals in various unusual manners - Adjudication order brought out nexus of the appellant proving mere paper transaction without dealing with the goods - It is not possible to grant waiver of pre-deposit - appellant company directed to deposit Rs. 80 lakhs as pre-deposit – upon such submission rest of the duty to be waived - Partial stay granted. - Appeal No. 57309 ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... oices were received. So also paper credit was enjoyed without receiving the goods. This is substance of the said para. He elaborately dealt with the matter. 3. Learned Adjudicating Authority dealt in Para 181 as to the clandestine purchase of the goods against fictitious invoices. He dealt each and every supplier i.e. M/s. Kanika Strips Pvt. Ltd., M/s. Shiva Steels, M/s. Sandeep Enterprises, M/s ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... n view of the above, it is not possible to grant waiver of pre-deposit. Therefore, appellant company M/s. Kamdhenu Ispat Ltd. is directed to deposit Rs. 80 lakhs (Rupees eighty lakhs only) within 8 weeks from today and make compliance on 4th October, 2013. 5. Learned Counsel says that stay application of the Director Shri Satish Agarwal is pending for hearing. Registry is directed to keep a copy ..... X X X X Extracts X X X X X X X X Extracts X X X X
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