2011 (2) TMI 32

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....hri A.B.Niranjan Babu, SDR   Per Jyoti Balasundaram   At the outset, we note that out of the total demand of Rs.42,31,516/-, Rs.18,12,080/- stands reversed. We accept the payment already made as sufficient for the purpose of compliance with the statutory requirement of Section 35F of the Central Excise Act, 1944 and waive predeposit of the balance amounts and stay recovery thereof ....