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2005 (3) TMI 514

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....Shri Rajaram, DR, for the Respondent. [Order per : V.K. Agrawal, Member (T) (Oral)]. -  This is an application by M/s. Jagajothi Spinning Mills, for waiver of pre-deposit of central excise duty of Rs. 1,45,700/- and penalty of Rs. 1,55,700/-. Shri S. Kandasamy, learned Consultant submitted that out of cotton yarn manufactured by them around 60% has been sold to one Mr. Jayakumar, propri....