Home Case Index All Cases Central Excise Central Excise + AT Central Excise - 2015 (10) TMI AT This
Forgot password New User/ Regiser ⇒ Register to get Live Demo
2015 (10) TMI 1260 - AT - Central ExciseWaiver of pre deposit - Penalty u/s 11AC - Held that:- Commissioner while directing pre-deposit has recorded reasons. At this stage keeping in view the recent trend in disposing stay application, it would be appropriate to direct the Applicant to deposit further amount of ₹ 2.10 Lakhs, taking into consideration that they have already deposited an amount of ₹ 2.00 Lakhs during the course of adjudication proceeding. In the result, the applicant is directed to deposit ₹ 2.10 Lakhs within a period of eight weeks from the communication of this order and report compliance on 24.9.2015. On deposit of the said amount, pre-deposit of balance dues adjudged would be waived and its recovery stayed during the pendency of the appeal. Failure to deposit the said amount would result in dismissal of the Appeal without further notice. - Partial stay granted.
|