TMI Blog2008 (6) TMI 103X X X X Extracts X X X X X X X X Extracts X X X X ..... This application is for the waiver of the pre-deposit of the penalty of Rs. 1,13,850/-, and other penalties imposed on the applicant. 2. Considered the submissions made by both sides and perused the records. It is seen from the records that the adjudicating authority while deciding the show cause notice issued to the applicant had confirmed demand and imposed penalties. Against such order, applic ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... issued show cause notice for enhancement of penalty as provided under the provisions of Section 84 of the Finance Act, 1994. The applicants have made out a prima facie case for the waiver of the pre-deposit of amounts of penalties. The application for waiver of pre-deposit of penalties is allowed and recovery thereof stayed till the disposal of the appeal. X X X X Extracts X X X X X X X X Extracts X X X X
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