2004 (2) TMI 102

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..... . - This stay application is filed by the applicants for waiver of pre-deposit of duty amounting to Rs. 2,54,375/- and equivalent penalty under Section 11AC of the Act, apart from a penalties of Rs. 20,000/- under Rule 173Q and Rs. 10,000/- under Rule 209A of the Central Excise Rules and stay of the recovery proceedings. 2. The Counsel appearing for the applicants, in support of the stay applica .....

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..... ruments Company are either of partnership/proprietary concern. In support of his contention, he referred to the decision of the Supreme Court in the case of Supreme Washers Private Limited v. CCE, Pune reported in 2003 (151) E.L.T. 14 (S.C.) = 2002 (53) RLT 753 (SC). He said that following the decision of the Supreme Court, the Tribunal has also held in the case of L.D. Industries Ors. v. CCE, P .....

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