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2015 (1) TMI 370

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..... agesh Pathak, AR, for the Respondent. ORDER The Tribunal vide Stay Order No. 1192/2011-EX, dated 4-11-2011 directed the appellant to deposit a sum of Rs. 25 lakhs within a period of eight weeks as a condition for waiver of pre-deposit of remaining amount of duty, interest and penalty. 2. Appellant instead of complying with the directions of the Tribunal preferred to challenge the order of .....

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..... ch appeal, deposit the duty demand or penalty levied. Only exception to this rule is that the Tribunal may dispense with such deposit subject to such condition as he or it may deem fit. In the instant case, the Tribunal after hearing parties directed the appellant to deposit Rs. 25 lakhs within the directed period as a condition for waiver of pre-deposit of remaining amount of duty, interest and p .....

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