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2011 (1) TMI 1442

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....ellant M.M. Ravi Rajendran, JDR, for the Respondent ORDER M.V. Ravindran: This stay petition is filed for the waiver of pre-deposit of the following amounts:- (i) Duty: ₹ 29,00,532/- along with applicable interest. (ii) Penalty: ₹ 29,00,532/- 2. Heard both sides and perused the records. 3. The demand of the duty has arisen on the ground that the appellant has wrongly availed....