2013 (12) TMI 927

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....osit of duty of Rs.42,08,620/- along with interest and penalty of Rs.10 lakhs. The learned counsel on behalf of the applicant submits that they are manufacturing 'Vacuum Interrupter Tubes' and 'Vacuum Contactor Units'. He submits that they removed the goods to the independent buyers on payment of duty. But in the case of clearance of goods to their sister units during the period 1994-95 they paid ....

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....me Court was rejected. In view of that, according to him, the applicants should be directed to predeposit the entire amount of tax along with interest and penalty. He also submits that the case relates to 1994 - 95 and therefore at this stage no leniency should be granted while ordering predeposit. 3. After hearing both sides, we find force in the submission of the learned AR. We find that for pr....