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<h1>CESTAT Mumbai: Waiver of Pre-deposit in Lloyds Steel Industries Ltd. case</h1> The Appellate Tribunal CESTAT, Mumbai allowed the modification application, waiving the pre-deposit requirement and ordering the appeal for regular ... Stay/Dispensation of pre-deposit - Appeal to Appellate Tribunal The Appellate Tribunal CESTAT, Mumbai allowed the modification application based on the case of Lloyds Steel Industries Ltd. v. UOI. The Tribunal waived further pre-deposit requirement and ordered the listing of the appeal for regular hearing as the assessee was finding it difficult to meet the full deposit order due to loss of business.