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2014 (1) TMI 216

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....ent: Shri A. K. Biswas, Supdt.(A.R.) ORDER Per Dr. D.M. Misra; 1. These applications are filed seeking waiver of pre-deposit of duty of Rs.22,19,858/- and equal amount of penalty under Section 11AC of Central Excise Act, 1944 and Penalty of Rs.10,000/- under Rule 25 of Central Excise Rules, 2002 and personal penalty of Rs.50,000/- on Shri S. S. Jindal, Director and Rs.10,000/- on Shri B. ....

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....ted an amount of Rs.4,65,299/- during the course of investigation. 3. Per contra, the Ld. A.R. on a query from the Bench, has submitted that except the discrepancies between the balance sheet figure and the ER-1 figure, no other evidences were recorded in the order against the applicant indicating removal of goods without payment of duty. 4. Heard both sides and perused the records. We find ....