https://www.taxtmi.com/caselaws?id=177385 The Calcutta High Court upheld the Tribunal's decision to require a deposit of Rs. 20 lakhs, as the petitioners had voluntarily offered to make the deposit to demonstrate good faith. The Court clarified that the petitioners' argument against the deposit condition was not valid, emphasizing that actions before the Tribunal should not be lightly interfered with. The Court granted an extension for the deposit and instructed the authority to consider the deposit in their reconsideration. The writ petition was disposed of without costs. en-us Tue, 03 Dec 2013 00:00:00 +0530 Fri, 08 Jan 2016 11:46:11 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=177385 The Calcutta High Court upheld the Tribunal's decision to require a deposit of Rs. 20 lakhs, as the petitioners had voluntarily offered to make the deposit to demonstrate good faith. The Court clarified that the petitioners' argument against the deposit condition was not valid, emphasizing that actions before the Tribunal should not be lightly interfered with. The Court granted an extension for the deposit and instructed the authority to consider the deposit in their reconsideration. The writ petition was disposed of without costs. Case-Laws Central Excise Tue, 03 Dec 2013 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=177385