2018 (7) TMI 1804

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....By: R1 By Adv. Sreelal N. Warrier, SC, Central Board OF Excise & Amp; Customs J U D G M E N T Vinod Chandran, J The appellant is before us seeking interference to the judgment of the learned Single Judge which directed deposit of an amount of Rs. 30,00,000/- as against the deposit directed of Rs. 50,00,000/- by the Tribunal. Admittedly, there is a pre-deposit mandated for maintaining an a....

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....n, the learned Single Judge in the judgment dated 28.06.2016 modified the said condition and reduced it to Rs. 30,00,000/-. The assessee paid Rs. 10,00,000/- and was before the learned Single Judge with an application for review seeking further reduction of the amounts. A further amount of Rs. 5,00,000/- was also deposited. The learned Single Judge rejected the review and since the review was pend....

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....g Counsel that one of such properties would fetch only Rs. 5,32,874/- and the other Rs. 8,83,200/-. The former property is also a wet land as per the web site and the possibility of sale would be remote; is the contention raised.   4. The learned Counsel appearing for the appellant also submits that the binding precedents on this aspect even of the Hon'ble Supreme Court would only requ....