2014 (1) TMI 58

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..... Per: P. G. Chacko; This application filed by the appellant seeks waiver of pre-deposit and stay of recovery in respect of duty of Rs. 4,33,480/- demanded from them and penalty of Rs. 45,000/- imposed on them. The above demand of duty is on 'Aluminium Dross' cleared by the appellant from January to August 2010. The appellant is a 100% Export Oriented Unit (E.O.U.) and they were making the above cl .....

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..... cope of E.O.U. Scheme is totally unacceptable. It is pertinent to note that the appellant paid duty of Excise albeit on a wrong basis. At this stage, the learned counsel steps in to offer a pre-deposit of Rs. 1,00,000/- which, in our view, is too inadequate to suffice the present purpose. We direct the appellant to pre-deposit an amount of Rs. 1,50,000/- (Rupees One lakh fifty thousand only), in a .....

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