Substitution of new section for section 129E- Deposit of certain percentage of duty demanded or penalty imposed before filing appeal.

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.... demanded or penalty imposed before filing appeal           "129E. The Tribunal or the Commissioner (Appeals), as the case may be, shall not entertain any appeal,-           (i) under sub-section (1) of section 128, unless the appellant has deposited seven and a half per cent. of the duty demanded or pe....

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....;      Provided that the amount required to be deposited under this section shall not exceed rupees ten crores:           Provided further that the provisions of this section shall not apply to the stay applications and appeals pending before any appellate authority prior to the commencement of the Finance (No. 2) Act, 2014.'....