2012 (9) TMI 1017

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..... hy, Member (Technical) For the Appellant: Shri Jigar Shah, Advocate For the Respondent: Shri Manoj Kutty, A.R. Per : Mr. M.V. Ravindaran; These stay petitions are filed for the waiver of pre-deposit of following amounts:- (a) M/s. Alkem Laboratories -Duty of ₹ 76,001/- with interest and equal amount of penalty. (b)M/s. Galpha Laboratories -Penalty of ₹ 10,000/- under Rule 26 of C .....

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..... provisions. We find that on an identical issue in various other stay petitions, we had directed the main appellant therein to deposit 10% of the amount of the duty liability. We do not find any reason to change our view on this issue and hence we direct the main appellant M/s. Alkem Laboratories Limited to deposit 10% of the duty liability within four weeks from today and report compliance on 04.1 .....

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