9911796707
TMI Blog2015 (2) TMI 840X X X X Extracts X X X X X X X X Extracts X X X X ..... the Hon'ble High Court [2013 (12) TMI 499 - MADRAS HIGH COURT] in para-6 of the said decision, we direct the applicant to predeposit a sum of ₹ 5,00,000/- (Rupees five lakhs only) as offered by learned advocate within a period of 8 weeks. Upon deposit of the said amount, predeposit of balance amount of tax along with interest and penalty would be waived and recovery thereof is stayed til ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... .2004. He further submits that the Hon'ble Madras High Court in the case of Loomtex Exports Vs CCE ST Trichy - 2014-TIOL-23-HC-MAD-ST set aside the predeposit as directed by the Tribunal. 2. Ld. A.R on behalf of Revenue submits that in the case of Loomtex Exports (supra), the assessee paid 50% of the tax and the Tribunal directed further deposit of ₹ 9 lakhs which was set aside by ..... X X X X Extracts X X X X X X X X Extracts X X X X
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