https://www.taxtmi.com/caselaws?id=238491 The High Court modified the Custom Excise and Service Tax Appellate Tribunal's order, allowing the petitioner to deposit Rs.7 crores towards the assessed liability and provide an irrevocable bank guarantee for the remaining amount to hear the appeal on merits. Failure to comply would result in dismissal of the appeal. The Court balanced the petitioner's request for waiver with safeguarding the Revenue's interest, citing legal precedent. en-us Tue, 21 Aug 2012 00:00:00 +0530 Sat, 05 Apr 2014 16:25:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=238491 The High Court modified the Custom Excise and Service Tax Appellate Tribunal's order, allowing the petitioner to deposit Rs.7 crores towards the assessed liability and provide an irrevocable bank guarantee for the remaining amount to hear the appeal on merits. Failure to comply would result in dismissal of the appeal. The Court balanced the petitioner's request for waiver with safeguarding the Revenue's interest, citing legal precedent. Case-Laws Central Excise Tue, 21 Aug 2012 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=238491