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of <h1>CESTAT Bangalore Waives Penalty, Stays Recovery</h1> The Appellate Tribunal CESTAT Bangalore ordered the appellant to make a pre-deposit of Rs. 30 lakhs as penalty. However, considering a rehabilitation ... - The Appellate Tribunal CESTAT Bangalore ordered the appellant to make a pre-deposit of Rs. 30 lakhs as penalty. However, considering a rehabilitation scheme by the BIFR waiving interest and penalties, the tribunal ordered a waiver of the penalty and stayed its recovery pending the appeal decision.
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