https://www.taxtmi.com/caselaws?id=95060 Conditional waiver of pre-deposit was granted in relation to penalties under the Central Excise Act and Rules. The penalty under Section 11AC was stayed because the demand period and the stage of application of that provision made immediate deposit inappropriate. The plea for full waiver of the Rule 209A penalty based on BIFR status was not accepted, but the appellant's financial condition and prima facie material indicating knowledge of clandestine removal justified partial interim relief. The appellant was required to deposit a limited amount, and the balance pre-deposit was waived pending final disposal. en-us Mon, 06 Nov 2000 00:00:00 +0530 Wed, 07 Dec 2011 16:16:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=95060 Conditional waiver of pre-deposit was granted in relation to penalties under the Central Excise Act and Rules. The penalty under Section 11AC was stayed because the demand period and the stage of application of that provision made immediate deposit inappropriate. The plea for full waiver of the Rule 209A penalty based on BIFR status was not accepted, but the appellant's financial condition and prima facie material indicating knowledge of clandestine removal justified partial interim relief. The appellant was required to deposit a limited amount, and the balance pre-deposit was waived pending final disposal. Case-Laws Central Excise Mon, 06 Nov 2000 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=95060