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2016 (9) TMI 541 - HC - Service TaxDeposition of amount of pre-deposit to hear an appeal - against the demand for ₹ 130 crores, the stay of pre-deposit was granted to the extent of ₹ 100 crores - appellant obliged to deposit ₹ 30 crores as a pre-condition for hearing its appeal - Held that:- having regard to the present nature of law with effect from 06.08.2014, the pre-deposit should not exceed 7½ % of the demand. Therefore, the appellant should deposit an amount equal to 7½ % of the total demand, i.e. ₹ 130 crores, within three months. - Decided partly in favour of appellant
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