2000 (1) TMI 362

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....Shri J.P. Kaushik, Advocate, for the Appellant. Shri Y. R. Kilania, JDR, for the Respondents. [Order]. -  The applicants filed these applications for waiver of pre-deposit of the following penalty amounts imposed under Section 112 (a) : 1. Shyam Sunder          - Rs. 10 lakh 2. Raj Kumar        &nbs....

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.... valued at Rs. 8,38,800.00 was in possession of the revenue, the penalties are to be waived in view of the following decisions of the Tribunal : 1.       1999 (111) E.L.T. 45 (T) - 1999 (32) R.L.T. 183 - Robin Agarwal v. C.C. (Prev.), West Bengal, Calcutta. 2.       1999 (34) RLT 555 - Sridharan Diamond v. C.C. (Airport), Calcutta. ....

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.... and on 3-3-1997, Sh. Shyam Sunder Fatehpuria had not produced any evidence in respect of the possession of the gold. He submits that even on 4-3-1997, the applicant, Shyam Sunder Fatehpuria, disclosed the names of seven persons from whom he purchased the gold. He submits that on investigation, out of seven, six persons denied the sale of the gold. In these circumstances, he submits that the plea ....