https://www.taxtmi.com/caselaws?id=48273 The High Court set aside the Tribunal's decision and ruled in favor of the petitioners, directing them to submit a Bank Guarantee for Rs. 5 lacs and pay the remaining Rs. 5 lacs in cash within a month as pre-deposit for their appeals to proceed. The High Court emphasized that although cash deposit is preferred, considering the Tribunal's past acceptance of Bank Guarantees, it allowed this mixed mode of payment. The ruling disposed of the petition accordingly, granting relief to the petitioners. en-us Wed, 12 Mar 2008 00:00:00 +0530 Thu, 11 Dec 2014 09:27:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=48273 The High Court set aside the Tribunal's decision and ruled in favor of the petitioners, directing them to submit a Bank Guarantee for Rs. 5 lacs and pay the remaining Rs. 5 lacs in cash within a month as pre-deposit for their appeals to proceed. The High Court emphasized that although cash deposit is preferred, considering the Tribunal's past acceptance of Bank Guarantees, it allowed this mixed mode of payment. The ruling disposed of the petition accordingly, granting relief to the petitioners. Case-Laws Central Excise Wed, 12 Mar 2008 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=48273