2014 (1) TMI 781

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..... ns filed by the appellants seek waiver and stay in respect of the adjudged dues. The demand on the assessee works out to Rs.30,20,916/- besides equal amount of penalty. Towards the said demand, the assessee pre-deposited an amount of Rs.15,10,500/- and their Managing Director pre-deposited an amount of Rs.1 lakh, both in terms of the interim order passed by the Commissioner(Appeals). We have heard .....

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..... case. Therefore, we direct the appellant to predeposit this amount of Rs.3 lakhs (Rupees three lakhs only) within six weeks and report compliance to the Deputy Registrar on 13/05/2013. Deputy Registrar to report to the Bench on 20/05/2013. Subject to due compliance, there will be waiver and stay in respect of the penalty imposed on the appellant and the balance of penalty imposed on the Managing D .....

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