https://www.taxtmi.com/caselaws?id=83214 Pre-deposit under Section 35F of the Central Excises and Salt Act, 1944 may be reduced or waived where payment would cause undue hardship, and the assessee's liquidity and financial position are relevant factors. Applying that standard, full waiver was declined, but substantial reduction was granted for the corporate appellant and two individual appellants because the burden was found excessive in light of their financial position. For the employee-appellant, pre-deposit was dispensed with altogether because the required deposit was unreasonable. The stay applications were thus disposed of by granting limited relief while preserving statutory compliance. en-us Mon, 28 Mar 1994 00:00:00 +0530 Mon, 11 Jul 2011 17:18:55 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=83214 Pre-deposit under Section 35F of the Central Excises and Salt Act, 1944 may be reduced or waived where payment would cause undue hardship, and the assessee's liquidity and financial position are relevant factors. Applying that standard, full waiver was declined, but substantial reduction was granted for the corporate appellant and two individual appellants because the burden was found excessive in light of their financial position. For the employee-appellant, pre-deposit was dispensed with altogether because the required deposit was unreasonable. The stay applications were thus disposed of by granting limited relief while preserving statutory compliance. Case-Laws Customs Mon, 28 Mar 1994 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=83214