https://www.taxtmi.com/caselaws?id=113183 The Tribunal modified the stay order for deposit amount, allowing M/s. Sterlite Optical Technologies Ltd. to proceed with the appeal without the pre-deposit condition. The Tribunal accepted the appellant's arguments based on a favorable decision in another case and a High Court order requiring a bank guarantee, which covered the disputed duty amount. The Revenue confirmed the bank guarantee covered the disputed duty amount, leading to the modification of the stay order. The appellant's miscellaneous application was allowed, ensuring the validity of the bank guarantee throughout the Tribunal proceedings. en-us Tue, 14 Oct 2003 00:00:00 +0530 Fri, 04 May 2012 12:11:34 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=113183 The Tribunal modified the stay order for deposit amount, allowing M/s. Sterlite Optical Technologies Ltd. to proceed with the appeal without the pre-deposit condition. The Tribunal accepted the appellant's arguments based on a favorable decision in another case and a High Court order requiring a bank guarantee, which covered the disputed duty amount. The Revenue confirmed the bank guarantee covered the disputed duty amount, leading to the modification of the stay order. The appellant's miscellaneous application was allowed, ensuring the validity of the bank guarantee throughout the Tribunal proceedings. Case-Laws Central Excise Tue, 14 Oct 2003 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=113183