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    <title>2006 (6) TMI 276 - CESTAT, CHENNAI</title>
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    <description>The Tribunal found the case contentious, especially regarding the demand of duty amounting to Rs. 46.67 lakhs. The appellant agreed to pay Rs. 4.8 lakhs of the total demand. The Tribunal noted the appellant&#039;s reliance on the Board&#039;s circular but found no specific legal provision supporting their argument. The Tribunal directed the appellant to predeposit Rs. 10 lakhs within a specified time frame, with compliance resulting in a waiver of predeposit and a stay of recovery for the penalty amount and the remaining duty.</description>
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    <pubDate>Tue, 27 Jun 2006 00:00:00 +0530</pubDate>
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      <title>2006 (6) TMI 276 - CESTAT, CHENNAI</title>
      <link>https://www.taxtmi.com/caselaws?id=118285</link>
      <description>The Tribunal found the case contentious, especially regarding the demand of duty amounting to Rs. 46.67 lakhs. The appellant agreed to pay Rs. 4.8 lakhs of the total demand. The Tribunal noted the appellant&#039;s reliance on the Board&#039;s circular but found no specific legal provision supporting their argument. The Tribunal directed the appellant to predeposit Rs. 10 lakhs within a specified time frame, with compliance resulting in a waiver of predeposit and a stay of recovery for the penalty amount and the remaining duty.</description>
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