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    <title>2015 (6) TMI 951 - CESTAT CHENNAI</title>
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    <description>The Tribunal directed the appellant to provide a Rs. 1 crore bank guarantee and a Rs. 60 lakhs cash deposit to balance interests and recoveries, despite a pending application for DTA Entitlement. Failure to comply would allow Revenue to realize dues. Fulfilling these conditions would result in a waiver of predeposit and a stay of recovery during the appeal process. A penalty waiver of Rs. 10 lakhs was granted with a compliance examination scheduled for monitoring adherence to the directives.</description>
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      <description>The Tribunal directed the appellant to provide a Rs. 1 crore bank guarantee and a Rs. 60 lakhs cash deposit to balance interests and recoveries, despite a pending application for DTA Entitlement. Failure to comply would allow Revenue to realize dues. Fulfilling these conditions would result in a waiver of predeposit and a stay of recovery during the appeal process. A penalty waiver of Rs. 10 lakhs was granted with a compliance examination scheduled for monitoring adherence to the directives.</description>
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