2014 (1) TMI 165

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..... udgment of Hon’ble High Court of Gujarat that an assessee should deposit 8% of the amount of duty confirmed - The appellant has deposited an amount which is more than 8% of the duty liability - the amount already deposited is enough to hear and dispose the appeals – Pre-deposits waived till the disposal – Stay granted.
Mr. M.V. Ravindran and Mr. H.K. Thakur, JJ. For the Appellant: Shri D.K. Tr .....

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..... He would submit that in an identical situation in respect of various other assessees, this Tribunal has been following the judgment of Hon'ble High Court of Gujarat, directing the assessee to deposit 8% of the amount of duty confirmed. It is his submission the amount of Rs.30 lakhs deposited by the appellant is much more than the 8% of the duty confirmed. 4. On careful consideration of the submi .....

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