2015 (2) TMI 98

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..... , it appears from para 7.16 read with para 7.4, 7.10, as well as para 7.13 and 7.15, that direction for predeposit is warranted in view of prejudice caused to Revenue. Accordingly, appellant is directed to deposit ₹ 20,00,000 within 8 weeks from today and make compliance on 8.3.2015. Subject to compliance with the above direction, there shall be waiver of predeposit and stay of recovery of b .....

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..... work ultimately, appellant is entitled to the credit. 2. So far as the demand of ₹ 30,10,986/- is concerned, his submission is that if the records are reconciled as to payments received and receivable, this demand may not arise. 3. Revenue supports the adjudication. 4. Prima facie, it appears from para 7.16 read with para 7.4, 7.10, as well as para 7.13 and 7.15, that direction for .....

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