2004 (1) TMI 449

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.... for the Appellant. Shri O.P. Arora, SDR, for the Respondent. [Order per : S.S. Kang, Member (J)]. -  Heard both sides. The Applicants have filed these applications for waiver of pre-deposit of duty of Rs. 98,28,561/- and penalty of Rs. 1,03,28,561/- and penalty on the Managing Director. 2. The Applicants have already deposited an amount of Rs. 10 lakhs against this demand. ....