Conditional pre-deposit relief granted for penalty demand, with partial stay subject to compliance requirements.

CESTAT Chennai partly allowed the waiver of pre-deposit and stay application by requiring deposit of the penalty amount under Section 35F of the Central Excise Act, 1944, while granting waiver and stay for the remaining penalties on compliance with that condition. The operative effect was a conditional stay: only the specified penalty component had to be deposited, and relief from recovery was extended to the balance subject to compliance.

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Outcome: The application for waiver of pre-deposit and stay was partly allowed by directing deposit of the penalty amount imposed under Section 35F of the Central Excise Act, 1944, with waiver and stay granted for the remaining penalties on compliance.

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