https://www.taxtmi.com/caselaws?id=107460 Waiver of pre-deposit under Section 35F of the Central Excise Act was refused where the assessee claimed closure of business, sickness before BIFR and financial hardship, but produced no order showing BIFR sickness. The liability had arisen from a final re-fixation of annual capacity, and mere assertions of losses or closure were held insufficient to justify dispensation of the statutory deposit requirement. The appellant was therefore directed to deposit the entire duty amount. en-us Tue, 28 Jan 2003 00:00:00 +0530 Thu, 22 Mar 2012 16:32:27 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=107460 Waiver of pre-deposit under Section 35F of the Central Excise Act was refused where the assessee claimed closure of business, sickness before BIFR and financial hardship, but produced no order showing BIFR sickness. The liability had arisen from a final re-fixation of annual capacity, and mere assertions of losses or closure were held insufficient to justify dispensation of the statutory deposit requirement. The appellant was therefore directed to deposit the entire duty amount. Case-Laws Central Excise Tue, 28 Jan 2003 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=107460