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2011 (10) TMI 392 - BOMBAY HIGH COURTWaiver of predeposit - A notice to show cause was issued to the Appellants on 24 October 2008 demanding service tax dues in the amount of Rs . 5.85 crores ; interest therein and to explain as to why penalty should not be imposed - Learned Counsel submitted that the Appellants paid almost 99% of the service tax dues besides 25% of the penalty and interest as required in law - From the record before the Court, it appears from the order of the Tribunal that the Appellants had by their stay application sought a waiver of a predeposit of an amount of Rs . 14,61,843/being the balance amount payable towards service tax and of the penalty - Appellant is directed to deposit an amount of Rs . 25 lakhs within a period of four weeks from today instead and in substitution of the direction issued by the Tribunal
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