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    <title>1998 (12) TMI 256 - CEGAT, MUMBAI</title>
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    <description>The Tribunal reduced the deposit amount for duty and penalties to Rs. 6.00 crores, to be paid in instalments within three months, and waived the remaining amounts, providing relief to the applicant. The decision emphasized fairness and equity by considering similarities with precedents and the deposit made in relation to demands from different factories, ensuring a just outcome. The case highlights the importance of consistency and reason in determining deposit requirements in stay matters, demonstrating the Tribunal&#039;s commitment to balancing individual circumstances with principles of justice.</description>
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      <link>https://www.taxtmi.com/caselaws?id=91298</link>
      <description>The Tribunal reduced the deposit amount for duty and penalties to Rs. 6.00 crores, to be paid in instalments within three months, and waived the remaining amounts, providing relief to the applicant. The decision emphasized fairness and equity by considering similarities with precedents and the deposit made in relation to demands from different factories, ensuring a just outcome. The case highlights the importance of consistency and reason in determining deposit requirements in stay matters, demonstrating the Tribunal&#039;s commitment to balancing individual circumstances with principles of justice.</description>
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