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2015 (9) TMI 1134 - CESTAT CHENNAIWaiver of pre deposit - levy of anti-dumping duty (ADD) - Held that:- As directed by the Tribunal, the Revenue has enhanced the bank guarantee of ₹ 11,84,000/- and the appellant produced copy of T.R. 6 challan. We also take into account the B/E No.5809203 dt. 23.1.2003 has not yet been cleared and is still under the Customs custody and the ADE involved is ₹ 23,91,562/-. Taking into account the live consignment which is still pending with the Customs the balance demand comes to approx. ₹ 80 lakhs against which by way of encashment of bank guarantee and also by payment of ₹ 20 lakhs appellants paid ₹ 31,84,000/. Taking into consideration the payments made, we direct the appellant No.1 to pre-deposit further amount of ₹ 40,00,000/- (Rupees Forty lakhs only) within 6 weeks. The payment of ₹ 31,84,000/- amount already paid by the appellants to be adjusted towards predeposit. Upon deposit of the said amount, predeposit of balance duty and penalty in respect of the appellant No.1 and predeposit of penalty amount on the appellants No.2 & 3 shall stand waived and recovery thereof stayed during pendency of the appeal. - partial Stay granted.
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