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TMI Blog2014 (4) TMI 9X X X X Extracts X X X X X X X X Extracts X X X X ..... sioner (AR) JUDGEMENT Per: S S Kang: 1. Heard both sides. 2. Applicant M/s. Larsen & Toubro Ltd filed application for waiver of duty of Rs.161,61,27,251/- and Rs.6,37,544/-, interest and penalty. The adjudicating authority has also confiscated the goods and imposed a redemption fine of Rs.374 crores. Other applicants filed applications for waiver of penalties. 3. The demand is confirmed on th ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... rts which were cleared after packing, repacking, labeling, relabeling and affixing the MRP. 6. The contention is that in the present case the demand is beyond the normal period of limitation and in the case of JCB Ltd (supra) the Tribunal in the appeal filed by the Revenue only upheld the demand for the normal period of limitation. The applicant also submitted that if the benefit of duty paid on ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ise and the Tribunal allowed the appeal filed by Revenue and upheld the demand of normal period of limitation. In these circumstances, particularly in view of the contention of the applicants regarding availability of credit, we find that amount already deposited is sufficient for hearing of the appeals. Pre-deposit of the remaining dues is waived and recovery thereof stayed for hearing of the app ..... X X X X Extracts X X X X X X X X Extracts X X X X
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