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<h1>Appellate tribunal reduces penalty for invoice omission, requires Rs. 10,000 deposit for appeal.</h1> The appellate tribunal reduced the penalty imposed on the appellant for omitting material particulars in Modvatable invoices, finding it excessive. The ... Stay/Dispensation of pre-deposit - Modvat - Demand - Limitation - Penalty The appellate tribunal found that the penalty imposed on the appellant for omitting material particulars in Modvatable invoices was excessive. The tribunal directed the appellant to deposit Rs. 10,000 as a pre-condition to hearing the appeal. Compliance was required by March 15, 2000.