2011 (8) TMI 406

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....; This Stay Petition has been filed by the applicant for waiver of pre-deposit of Rs.20,60,157/- (Rupees Twenty Lakhs, Sixty Thousands, One Hundreds and Fifty Seven only) along with interest thereon and equivalent amount of penalty.   2. Heard both sides and perused the records.   3. Without going into the merits of the case, ld.Counsel submits that before issuance of Show Cause Notic....

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....ny further pre-deposit.   5. After hearing both sides for some time, we find that the appeal itself can be disposed off at this juncture. In view of the above, application for waiver of pre-deposit of amounts is allowed and appeal itself taken up for disposal. We find the contention of ld. Counsel to be correct, as the adjudicating authority has recorded in his Order-in-Original that Rs.20,2....