2014 (8) TMI 736

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....or the Respondent : B. K. S. Raghuvanshi ORDER The appellant seeks to challenge an order passed by the Customs, Excise and Service Tax Appellate Tribunal (CESTAT) on 8 May 2014 on an application for waiver of the requirement of pre-deposit. The Tribunal as against the penalty of Rs. 50.00 lacs has directed the appellant to deposit an amount of Rs. 20.00 lacs within a period of four weeks of the....

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....om a seller. Having regard to all the facts and circumstances, a direction for pre-deposit of Rs. 20.00 lacs has been issued by the Tribunal. Learned senior counsel appearing on behalf of the appellant submits that in a similar case, the Ahmedabad Bench of the Tribunal had observed that an offer for the pre-deposit of Rs. 2.50 lacs was a fair offer as against a demand of Rs. 1.50 crores and had o....