2014 (6) TMI 549

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... umar, AR, for the Respondent. ORDER This stay petition is filed for the waiver of pre-deposit of penalty of Rs. 50 lacs imposed on the appellant herein under the provisions of Rule 25 of the Central Excise Rules, 2002. 2. Heard both sides and perused the records. 3. On perusal of the records, we find and it is undisputed that the appellant herein had placed an order for yacht with on .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... 2002. On bare reading of the provisions of Rule 25 of the Central Excise Rules, 2002 we find that penalty can be imposed under the specific rule on producer, manufacturer and registered persons and not on the purchaser who has placed an order for supply of goods. In view of the foregoing, we find that the appellant has made out a prima facie strong case for waiver of the pre-deposit of the amount .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X