2015 (10) TMI 1245

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....lant : Dr.S.Chakraborty & Shri Abhijit Biswas, Adv.s For The Respondent : Shri K.Chowdhury, Supdt.(AR) ORDER Per Dr. D.M. Misra. 1. Heard both sides. 2. These applications are filed seeking waiver of pre-deposit of duty of Rs. 2.55 Crores and equal amount of penalty by M/s. Atlanta Commodities, applicant no.1 and personal penalty of Rs. 20.00 lakhs imposed on Shri Bharat Bhushan Sac....

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....missioner. 5. Considering that the applicant had already deposited Rs. 10.00 Lakhs and offers to deposit further an amount of Rs. 10.00 Lakhs, which in our opinion is sufficient to hear the appeals. Consequently the Applicant M/s. Atlanta Commodities is directed to deposit Rs. 10.00 Lakhs within a period of eight weeks from today and report compliance on 03.09.2015. On deposit of the said amoun....