2013 (8) TMI 312

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....ng: Heard both sides. 2. The applicant has filed this application for waiver of pre-deposit of duty of Rs.25,59,795/-, interest and penalty. The demand has been confirmed after denying the credit of duty paid on inputs on the ground that the applicant, in the balance sheet for the year 2004-2005, shown the amounts as expenditure in respect of inputs on which credit has been availed. 3. Th....