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2012 (11) TMI 734 - KARNATAKA HIGH COURTDuty, penalty and interest - application under Section 129E of the Customs Act, 1962, seeking waiver of pre-deposit – Held that:- Petitioner has good case on merits - petitioner has already deposited a sum of Rs. 85,48,462.40 ps. towards pre-deposit. Since the petitioner is not liable to pay any amount as per the order at Annexure-F, the direction of the Appellate Tribunal to deposit the amount in a sum of Rs. 2.5 crores towards pre-deposit is unreasonable -respondent is directed not to recover the balance of the disputed tax
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