2013 (10) TMI 401
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.... For the Respondent: Shri P.N. Sarvaiya, A.R. ORDER Per : Mr. M.V. Ravindaran; All these four stay petitions are filed for waiver of pre-deposit of following amounts:- Applicant / Appellant Demand of duty Penalty M/s. Indu Overseas Pvt. Limited Central Excise duty of Rs. 84,17,315/- and interest thereof Equal amount of penalty under Section 11AC of Central Excise Act, 19....
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....d by the appellant on the invoices. 4. On perusal of the records, we note that learned counsel appearing on behalf of the Indu Overseas Pvt. Limited brought to our notice the letter issued by the Office of the Superintendent of Central Excise for acceptance of proof of export in respect of ARE Nos. 32 to 36. It is his submission that despite such overwhelming evidence in favour of the assessee, t....