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2015 (5) TMI 567

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..... dhary, Advocates For the Respondents : Shri Maneesh Sharma JUDGMENT 1.    This is a tax appeal against the order of the Customs, Excise and Service Tax Appellate Tribunal, New Delhi (the Tribunal) dated 03.06.2014 partly dismissing the application for waiver of pre-deposit of the amount of duty, penalty and interest of M/s. Prakash Industries Limited (the Assessee) THE FACTS 2. .....

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..... d penalty. This application was partly allowed on deposit of Rs. 12,00,00,000/- within a period of four weeks. Hence, the present appeal. THE DECISION 5.    We have heard counsel for the parties. 6.    The counsel for the Appellants submits that: * The Tribunal had reserved the order on 29.012014 and it was delivered on 03.06.2014. There was a delay and all point .....

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..... assing order on the appeal on merits. It was passing order on the application for waiver of pre-deposit of the amount of duty and penalty. The question of prima facie case is to be dealt with broadly. 11.    The Tribunal has broadly considered the prima facie case and after considering it, has ordered to deposit a sum of Rs. 12,00,00,000/- 12.    We see no justifica .....

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