9911796707
TMI Blog2014 (1) TMI 424X X X X Extracts X X X X X X X X Extracts X X X X ..... Ferro Tech. Ltd. and the same has not been disputed by the A.R. for the Department - the applicant has made an offer to deposit an amount of Rupees two lakhs fifty thousand in addition to Rs.1.00 lakh already paid by them - The offer made by the assessee is accepted - the applicant, is directed to deposit the pre-deposit – upon such submission rest of the duty to be stayed till the disposal – Par ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ds noticed during the course of visit of the officers. The contention is that the shortages were admitted and subsequently, they had deposited the entire amount of duty involved on such shortages. He has submitted that out of Rs.5,18,436/- as penalty, they have already deposited an amount of Rs.1.00 lakh. Further, he makes an offer to deposit a further amount of Rs.2,50,000/- (Rupees two lakhs fif ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... s from today and report compliance on 07.06.2013. On deposit of the said amount, the balance amount of dues adjudged against both applicants would stand waived and its recovery stayed during pendency of the appeal. Failure to deposit of the said amount would result dismissal of both the appeals. Stay petitions are disposed of as above. (Dictated and pronounced in the open Court) - - TaxTMI - ..... X X X X Extracts X X X X X X X X Extracts X X X X
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