2013 (11) TMI 1100

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...., AC (AR) PER : D M Misra This is an application seeking waiver of pre-deposit of duty of Rs.5.30 Crores and penalty of Rs.10.00 Lakhs imposed under Rule 25 of the Central Excise Rules, 2002. 2. At the outset Shri Ankit Chhager , Ld.Chartered Accountant for the applicant has submitted that during the relevant period i.e. from August 2008 to May 2009 they have exported furnace oil to ship ....

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....hearing both sides for some time we find that the appeal itself could be disposed of. Accordingly after waiving the requirement of pre-deposit of dues adjudged we take up the appeal for disposal with the consent of both the sides. 5. We find that the issue involved revolves in a narrow compass. Neither in the show cause notice nor in the impugned order it has been disputed by the department tha....