https://www.taxtmi.com/caselaws?id=73114 The Tribunal allowed the waiver of the pre-deposit of a penalty amount subject to the condition that the applicant deposits Rs. 10,000 within four weeks. The decision emphasized that "undue hardship" under Section 129E of the Customs Act should consider factors beyond financial hardship, including prima facie case, balance of convenience, and public interest. The dissenting opinion stressed the applicant's severe financial hardship and closure of business as justifying the waiver, while the majority highlighted the importance of overall financial position in determining undue hardship. en-us Tue, 28 May 1985 00:00:00 +0530 Sat, 28 May 2011 11:10:29 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=73114 The Tribunal allowed the waiver of the pre-deposit of a penalty amount subject to the condition that the applicant deposits Rs. 10,000 within four weeks. The decision emphasized that "undue hardship" under Section 129E of the Customs Act should consider factors beyond financial hardship, including prima facie case, balance of convenience, and public interest. The dissenting opinion stressed the applicant's severe financial hardship and closure of business as justifying the waiver, while the majority highlighted the importance of overall financial position in determining undue hardship. Case-Laws Central Excise Tue, 28 May 1985 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=73114