2018 (5) TMI 27

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..... .A. Bhalerao, Advocate, for the Appellant. Shri M.K. Sarangi, Joint Commissioner (AR), for the Respondent. ORDER [Order per : D.N. Panda, Member (J)]. - Learned counsel submits that present stay application is to stay recovery of the demand beyond 7.5% of the total demand. According to him, the total demand of Rs. 7,69,42,391/- has been raised in the adjudication order which is enforceable dema .....

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..... 1/-, there should be a direction to make deposit of 7.5% of the aggregate amount of these two figures. 3. The stand of Revenue does not appear to be logical since total enforceable demand of tax is the basis for calculation of the percentage towards pre-deposit. Accordingly application for stay of realization of balance demand is allowed and there shall be no recovery of the balance demand d .....

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