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    <title>2008 (9) TMI 206 - CESTAT AHMEDABAD</title>
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    <description>The Tribunal directed the appellant to deposit Rs. 3 lakhs out of the penalty of Rs. 12,49,500/- imposed under Section 78 of the Finance Act, 1994 within eight weeks. Upon this deposit, the requirement for pre-deposit of the remaining penalty amount was waived, and recovery was stayed until the appeal&#039;s disposal. The appellant was instructed to report compliance by a specified date.</description>
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      <link>https://www.taxtmi.com/caselaws?id=32974</link>
      <description>The Tribunal directed the appellant to deposit Rs. 3 lakhs out of the penalty of Rs. 12,49,500/- imposed under Section 78 of the Finance Act, 1994 within eight weeks. Upon this deposit, the requirement for pre-deposit of the remaining penalty amount was waived, and recovery was stayed until the appeal&#039;s disposal. The appellant was instructed to report compliance by a specified date.</description>
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