2013 (5) TMI 545

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..... Lal. 1. Heard both sides. 2. This application has been filed for waiver of pre-deposit of penalty of Rs.25,376/- imposed under the provisions of section 11AC of the Central Excise Act and the interest amount. 3. Facts of the case are that during the audit it was found that the appellant has removed 11 number of Armature Shafts valued at Rs.1,83,975/- as per drawing and design of their b....

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....y. 6. The appellant states that the duty is demanded in respect of invoice issued on 05.04.2004 and the show cause notice is issued on 24.04.2009 and therefore the duty is time barred. He further submitted that these goods were purchased by them from their sister units. In spite of this they had paid the duty immediately on 23.08.2007 on pointing out by the audit. 7. The Ld. A.R. brought att....