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2013 (2) TMI 515

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..... Chacko: These applications filed by the appellants seek waiver of predeposit and stay of recovery in respect of the adjudged dues. On a perusal of the records and hearing both sides, we are of the view that the appeals also have to be finally disposed of at this stage. Accordingly, after dispensing with predeposit, we take up the appeals. 2. In adjudication of a show-cause notice issued to thes .....

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..... and its functionaries to predeposit Rs. 75,000/- each. Subsequently, on a modification application filed by the company, the learned Commissioner (Appeals) reduced the amount for predeposit to Rs. 3.75 lakhs after considering the financial hardships of the party. However, the company did not predeposit this amount within the stipulated time. The others also did not make any predeposit. Having foun .....

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..... ier case. On a perusal of this stay order, we find that we have not found prima facie case for the assessee and accordingly directed them to predeposit 50% of the duty amount. It is not in dispute that the instant case of the assessee is similar to their earlier case. 4. The total amount of duty demanded from the assessee is Rs. 29,32,036/-, towards which an amount of Rs.11,79,922/- paid by them .....

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