2007 (7) TMI 271

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....ORDER 1. In terms of the impugned order, the appellant is required to pre-deposit the following amounts towards penalties:- (a) Rs. 200 for every day during the failure to make payment under section 76 of the Finance Act, 1994. (b) Rs. 8,00,000 under section 78 of the Act. 2. Shri M.S. Srinivasa learned Advocate who appeared on behalf of the appellants stated that the appellants were p....