2013 (11) TMI 635

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....R Per: M.V. Ravindran: These Stay Petitions are filed for waiver of pre-deposit of Customs Duty of Rs.85,56,907/-, interest thereof and penalty of equal amount as also penalty of Rs.20 lakhs imposed on the director of the appellant company. 2. The above said amounts have been confirmed by the adjudicating authority on the ground that the appellant have dispatched the material out of the f....

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....ct of very same assessee, the co-ordinate Bench of the Tribunal in Mumbai vide Stay Order No.S/16/13/SMB-IV, dt.23.11.2012 has granted unconditional waiver of the pre-deposit of the amounts involved. On perusal of the records, we find that the issue is same and hence we do not find any reason to deviate from such a view already taken by co-ordinate Bench in respect of very same assessee. 6. In ....