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2014 (2) TMI 220 - DELHI HIGH COURTWaiver of balance pre-deposit - Demand of differential duty - Held that:- Undoubtedly the amounts deposited on various duties by the petitioner, out of the assessed liabilities of Rs.414.05 crores is to the tune of 92%, i.e., over Rs.380 crores. The approach of the Commissioner would undoubtedly result in the petitioner’s right to appeal being defeated. The Court does not see any overwhelming interest in denying the relief as there is no material on record to suggest that there was any mis-declaration to deny relief to the petitioner - impugned order to the extent it refuses the assessee’s request for waiver of deposit to the tune of Rs.34,77,62,926/-along with interest is hereby set aside - Decided partly in favour of assessee.
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