TMI Blog2015 (10) TMI 520X X X X Extracts X X X X X X X X Extracts X X X X ..... ivas Senior Panel Counsel JUDGMENT (Judgment of the Court was delivered by V.RAMASUBRAMANIAN, J.) The assessee has come up with the above appeal challenging a pre-deposit condition imposed by the CESTAT. 2. Heard Mr. K.S. Natarajan, learned counsel for the appellant. Mr. A.P. Srinivas, learned Senior Panel Counsel takes notice for the first respondent. 3. The question that arises for consider ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... of the view that the imposition of a pre-condition deposit of more than 50% of the tax demand is onerous. Therefore the appeal is allowed, the order of the Tribunal is modified directing the appellant to make the pre-deposit of Rs. 2,00,000/- (Rupees two lakhs only) within a period of four weeks. Upon such deposit, the Tribunal shall number the appeal and dispose it of in accordance with law. Cons ..... X X X X Extracts X X X X X X X X Extracts X X X X
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