2013 (10) TMI 402

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.... the Bench): The prayer in the application is to dispense with the condition of pre-deposit of duty of Rs.4,68,683/- and penalty of identical amount which stand confirmed against them for the period 2004-2009. Equal amount of personal penalty stand imposed under section 11 AC of the Act. As per facts on record, the appellant is engaged in the manufacture of wire of steel and sending the same to....

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.... from the above, we find that Revenue has gone to the costing method and has found that sale price was less than the cost price. However, there are no details given by the Revenue as to how such costing arrive at by them and for which period. The appellant have categorically denied having provided any costing structure to the Revenue. Apart from the above, we find that costing arrived in today's d....