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2016 (4) TMI 1283 - HC - CustomsPre-deposit - 1% of penalty - petitioner pointed out that in another proceedings arising out of the same chain of transactions, where, Tribunal had required the petitioner to deposit ₹ 1 lac by way of pre-deposit looking to his status as an employee - Held that: - looking to his position as an employee, we modify the pre-deposit requirement to ₹ 5 lacs which shall be done latest by 30-6-2016 upon which the remaining demand shall remain stayed - petition allowed in part.
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