CESTAT Mumbai: Deposit 25% duty within 8 weeks for waiver of remaining amount. Recovery stayed during appeal. The Appellate Tribunal CESTAT Mumbai directed the applicant to deposit 25% of the duty within eight weeks. Upon compliance, the remaining duty, interest, ...
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CESTAT Mumbai: Deposit 25% duty within 8 weeks for waiver of remaining amount. Recovery stayed during appeal.
The Appellate Tribunal CESTAT Mumbai directed the applicant to deposit 25% of the duty within eight weeks. Upon compliance, the remaining duty, interest, and penalty would be waived, and recovery stayed during the appeal process. Compliance deadline was set for 07.11.2012.
The Appellate Tribunal CESTAT Mumbai heard the case where the applicant sought waiver of pre-deposit of duty amounting to Rs.13,83,00,455.73, interest, and penalty. The demand was confirmed after denying credit for service tax paid on services in a residential township for employees. Referring to a previous case, the Tribunal directed the applicant to deposit 25% of the duty within eight weeks. Upon compliance, the remaining amount of duty, interest, and penalty would be waived, and recovery stayed during the appeal process. Compliance was to be reported by 07.11.2012.
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