2008 (11) TMI 589

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....Shri V.P.C. Rao, SDR, for the Respondent. ORDER In terms of the impugned order, the appellants are required to pre-deposit the following amounts:- (i) Penalty of Rs. 2,73,51,424.45 under Section 78 of the Finance Act. (ii) Penalty of Rs. 100/- per day under Section 76 of the Act. 2. The learned Chartered Accountant who appeared for the appellants informed the Bench that the matter r....