https://www.taxtmi.com/caselaws?id=173132 The jurisdictional Commissioner confirmed a duty demand of Rs. 17,85,62,431 against M/s. Parasrampuria Synthetics Limited and imposed penalties, including a Rs. 50 lakh penalty on the Managing Director. The appellant company and the Managing Director appealed the order, seeking waiver of pre-deposit under Section 35F of the Central Excise Act. The Tribunal directed the company to pre-deposit Rs. 3.5 crore within twelve weeks. Failure to comply led to the rejection of the company's appeal. The Managing Director was directed to pre-deposit Rs. 50 lakhs within four weeks, with his appeal scheduled for compliance on 5-10-2012. en-us Mon, 03 Sep 2012 00:00:00 +0530 Wed, 09 Sep 2015 15:55:09 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=173132 The jurisdictional Commissioner confirmed a duty demand of Rs. 17,85,62,431 against M/s. Parasrampuria Synthetics Limited and imposed penalties, including a Rs. 50 lakh penalty on the Managing Director. The appellant company and the Managing Director appealed the order, seeking waiver of pre-deposit under Section 35F of the Central Excise Act. The Tribunal directed the company to pre-deposit Rs. 3.5 crore within twelve weeks. Failure to comply led to the rejection of the company's appeal. The Managing Director was directed to pre-deposit Rs. 50 lakhs within four weeks, with his appeal scheduled for compliance on 5-10-2012. Case-Laws Central Excise Mon, 03 Sep 2012 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=173132