2003 (7) TMI 433

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.... for the Respondent. [Order per : G.A. Brahma Deva, Member (J)]. - This stay application is filed by the applicants for waiver of pre-deposit of duty amounting to Rs. 14,36,000/- and penalty of Rs. 5,00,000/- under Rules 9(2), 173Q and 226 of Central Excise Rules, 1944; and stay of the recovery proceedings. 2. Heard both sides. 3. Shri C. Sarabheswara Rao, learned Consultant, in sup....