2013 (11) TMI 443

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..... Ravindran and Mr. H.K. Thakur, JJ. For the Appellant: Shri P.D. Rachchh, Adv. For the Respondent : Dr. J. Nagori, Addl. Commissioner (A.R.) ORDER Per: M.V. Ravindran: This Stay Petition is filed for waiver of an amount of penalty of Rs.10 lakhs imposed by the adjudicating authority under the provisions of Section 112(b) of Customs Act, 1962. 2. Heard both sides and perused t .....

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..... has to be put to some condition for hearing and disposing the appeal as the issue is debatable and arguable. 6. Accordingly, we direct the appellant to deposit an amount of Rs.1 lakh (Rupees One Lakh only) within eight weeks from today and report compliance on 16.05.2013 to Deputy Registrar of this Tribunal. Deputy Registrar, on ascertaining such compliance, place the file before the Bench on 2 .....

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