https://www.taxtmi.com/caselaws?id=84532 The Tribunal ordered the appellants to deposit Rs. 10 lakhs within eight weeks, with the balance amount deemed waived upon compliance. The judgment focused on the interpretation of Section 11D of the Central Excises and Salt Act, 1944, in light of exemption notifications and the financial position of the appellants based on the profit and loss account for 1994-95. The Tribunal's decision considered the retrospective or prospective effect of the statutory provisions, ultimately balancing legal obligations with the appellants' financial circumstances. en-us Wed, 30 Aug 1995 00:00:00 +0530 Fri, 22 Jul 2011 15:03:21 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=84532 The Tribunal ordered the appellants to deposit Rs. 10 lakhs within eight weeks, with the balance amount deemed waived upon compliance. The judgment focused on the interpretation of Section 11D of the Central Excises and Salt Act, 1944, in light of exemption notifications and the financial position of the appellants based on the profit and loss account for 1994-95. The Tribunal's decision considered the retrospective or prospective effect of the statutory provisions, ultimately balancing legal obligations with the appellants' financial circumstances. Case-Laws Central Excise Wed, 30 Aug 1995 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=84532