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<h1>High Court modifies order requiring bank guarantee for appeal</h1> <h3>RUBICON FORMULATIONS PVT. LTD. Versus UNION OF INDIA</h3> RUBICON FORMULATIONS PVT. LTD. Versus UNION OF INDIA - 2008 (12) S.T.R. 549 (Bom.) , [2009] 19 STT 55 (BOM.) The High Court of Bombay modified the order to require the petitioner to submit a bank guarantee of Rs.25 lakhs for the appeal to be heard on merit by the Tribunal within six months. The Tribunal will make an appropriate order regarding the bank guarantee. The petitioner may not be liable to pay service tax based on the judgment of the Supreme Court in the case of 'Bharat Sanchar Nigam Ltd. Vs. Union of India, 2006 (2) S.T.R. 161(S.C.)'.