Per S.L. Peeran : In this stay petition, the appellants are seeking waiver of pre-deposit of Rs. 20,21.383.77 and penalty of Rs. 1.5 lakhs and stay of its recovery during the pendency of this appeal. The brief facts of the case are that the appellant M/s. NTTF Electronic Training Centre issued a show-cause notice dt. 14.8.91. In this show-cause notice, it is alleged that the appellant is a manufacturer of subassembly falling under heading 84.70, 84.71 and 84.73 of Central Excise Tariff Act, 1985 for M/s. Bharath Electronics Ltd., Bangalore and they had contravened Rules 9(1), 52 A, 53 read with Rule 226, 173B, 173C, 173G of Central Excise Rules, 1944 and further committed the offences specified in Rules 173Q etc. in as much as, they had suppressed the facts of manufacture and clearance of the said goods to M/s. Bharath Electronics Ltd., Bangalore without following Central Excise procedures and without payment of Central Excise duty, in contravention of the said rules, with an intention to evade payment of Central Excise duty.

2. We have heard Shri N. Venkataraman, Id. Advocate for the appellant and Shri B.K. Singh, Id. SDR for the Revenue.

3. Ld. Advocate submitted that the Elec