1998 (10) TMI 174

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....the Respondent. [Order per : Jyoti Balasundaram, Member (J)]. - Vide Stay Order No. 75/98-C, dated 2-7-1998, the applicants herein was directed to deposit Rs. 3 lakhs towards the duty demand of Rs. 14.56 lakhs and the requirement of predeposit of balance duty and the penalty was dispensed with and recovery stayed. Learned Counsel, Shri Ashuthosh Upadhyay, submits that the financial position of ....