2008 (6) TMI 160

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..... ndent. [Order per: S.L. Peeran, Member (J) (Oral)]. - The appellant is required to pre-deposit penalty of Rs. 3,55,832/- and another sum of Rs. 500/- for failure to file returns within time. The appellant had deposited an amount of Rs. 3,46,456/- before the issue of Show Cause Notice and the balance amount deposited after the adjudication. His contention is that he had strong grounds for contesti .....

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..... ases where the full tax was not paid before the issue of Show Cause Notice, partial penalty has been imposed. In this case, we direct the appellant to pre-deposit a sum of Rs. 10,000/- (Rupees ten thousand only) within a period of two months. On such deposit, the balance of penalties stands waived and recovery stayed till the disposal of the appeal. Call on to report compliance on 4th September, 2 .....

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